05-10-2023 03:00 PM | Source: Reuters
India extends tenure of SBI chairman until August 2023
India has extended the tenure of the chairman of the State Bank of India (SBI), the country's largest lender, until August next year, two government sources said.
The tenure of Dinesh Khara has been extended until he attains the age of 63 next year, the sources said, declining to be named as they are not authorised to speak to the media.
Khara was appointed as SBI's chairman on Oct. 7, 2020 for three years. As per norms, SBI chairman can hold the position till the age of 63.
The government is likely to issue an order to this effect shortly, the sources said.
India's finance ministry and SBI did not immediately reply to Reuters request for comment.
Latest News
SAIL inks pact with Administrative Staff College of ...
NSE clocks 57 pc surge in net profit at Rs 3,137 cro...
Sell Johnson Controls-Hitachi Air Conditioning Ltd ...
Kartik Aaryan mobbed by fans at Mumbai?s Gaiety Gala...
Sarbananda Sonowal inaugurates key infra projects to...
B?town divas Kriti Sanon, Dhanashree Verma spotted a...
Kartik Aryan spotted in Mumbai
Rollover Analysis Report - November-2024 by Religare...
Neutral TVS Motor Company Ltd For Target Rs.2,610 By...
Buy SBI Life Insurance Ltd For Target Rs.2,100 By Mo...