SBI chairperson Arundhati Bhattacharya may be given one more extension to further consolidate the process of merger of six entities and strengthen the SBI to make it one of the top 50 global banks.
Although four SBI managing directors were interviewed by three sub-committees of the BBB last month, the government is said to be in two minds over the issue of appointing a new boss for the SBI, when, besides consolidation of the six entities, the bank is engaged in recovering its bad loans from corporate defaulters.
Among those who were interviewed for the top job of the bank was its senior most managing director B Sriram, along with three others, Rajnish Kumar, PK Gupta and Dinesh Kumar Khara.
Of these four, PK Gupta and Dinesh Kumar Khara have relatively higher tenure left in the bank, while both Rajnish Kumar and Sriram's retirement is due in 2018. Bhattacharya will complete her four-year term as the chairperson of SBI on October 6. Indianmandarins also learnt that despite having short term the Govt is inclined to pick Rajnish Kumar as Chairman as always there would be avenues to give extension to the next Chairperson.
Appointed in 2013, as the bank's first female chairperson, she got a one-year extension in October 2016, as SBI was to merge its associate banks and Bharatiya Mahila Bank with itself.
Another term for Arundhati?
By IndianMandarins - 2017-07-18 22:51:47
SBI chairperson Arundhati Bhattacharya may be given one more extension to further consolidate the process of merger of six entities and strengthen the SBI to make it one of the top 50 global banks.
Although four SBI managing directors were interviewed by three sub-committees of the BBB last month, the government is said to be in two minds over the issue of appointing a new boss for the SBI, when, besides consolidation of the six entities, the bank is engaged in recovering its bad loans from corporate defaulters.
Among those who were interviewed for the top job of the bank was its senior most managing director B Sriram, along with three others, Rajnish Kumar, PK Gupta and Dinesh Kumar Khara.
Of these four, PK Gupta and Dinesh Kumar Khara have relatively higher tenure left in the bank, while both Rajnish Kumar and Sriram's retirement is due in 2018. Bhattacharya will complete her four-year term as the chairperson of SBI on October 6. Indianmandarins also learnt that despite having short term the Govt is inclined to pick Rajnish Kumar as Chairman as always there would be avenues to give extension to the next Chairperson.
Appointed in 2013, as the bank's first female chairperson, she got a one-year extension in October 2016, as SBI was to merge its associate banks and Bharatiya Mahila Bank with itself.
