Govt begins hunt for new SBI chief to replace Arundhati Bhattacharya

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The finance ministry has initiated the process for finding new chief of the country's largest lender State Bank of India (SBI) as Arundhati Bhattacharya's extended term comes to an end on October 6.

"Department of Financial Services has communicated to Banks Board Bureau the emerging vacancies at the top level of PSU banks which will have to be filled during course of the year," a senior finance ministry official said.

This also includes chairman and one managing director of the SBI, which alone has market share of more than 20 per cent. Bhattacharya will complete her four-year term as chairperson of SBI on October 6.

Finance Ministry Initiates Process For Finding New SBI Chief - The finance ministry has initiated the process for finding new chief of the country&...
 
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