S. Setty has been named by the government as the State Bank of India (SBI) chairman for a three-year term.
On August 28, Mr. Setty, SBI’s senior most MD at the moment, will take over as chairman in place of Dinesh Kumar Khara.
The Department of Financial Services’ request to name Mr. Setty as chairman of SBI for a three-year term beginning on the date of assumption of charge has been approved by the Cabinet’s Appointments Committee.
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