Tenure Of SBI MD Dinesh Kumar Khara Extended By Two Years
Customers use an automated teller machine at a State Bank of India Ltd. branch at night in Bengaluru, India. (Photographer: Karen Dias/Bloomberg)

Tenure Of SBI MD Dinesh Kumar Khara Extended By Two Years

Bookmark

The Appointments Committee of the Cabinet led by Prime Minister Narendra Modi has extended the tenure of State Bank of India Managing Director Dinesh Kumar Khara by two years.

“The Appointments Committee of the Cabinet has approved the proposal of the Department of Financial Services for extension in the term of office of Dinesh Kumar Khana, Managing Director, State Bank of India for a further period of two years with effect from Aug. 9, 2019, or until further orders, whichever is earlier...,” according to a government order.

Khara was appointed managing director of SBI on Aug. 10, 2016 for a period of three years which was extendable by two years after review of his performance.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.