Dinesh Kumar Khara will replace Rajnish Kumar as the new SBI chairman
The Banks Board Bureau on Friday recommended Dinesh Kumar Khara as the next chairman of State Bank of India (SBI), the country’s largest lender, news agency PTI reported. The bank is currently headed by Rajnish Kumar, whose tenure is slated to end on 7 October, this year.
In a statement released on Friday, Banks Board Bureau said that it interviewed four managing directors of SBI following which, Mr Khara’s name was recommended as the next SBI chairman. Challa Sreenivasulu Setty has been recommended as the reserve candidate for the post, the statement also said.