Business Today
Loading...

Challa Sreenivasulu Setty appointed managing director of SBI

Setty has been appointed as the MD of the SBI for three years

twitter-logo PTI        Last Updated: January 20, 2020  | 22:24 IST
Challa Sreenivasulu Setty appointed managing director of SBI
Representative Image

The government on Monday appointed Challa Sreenivasulu Setty as the managing director of the State Bank of India for a period of three years, according to an official order.

The Appointments Committee of the Cabinet has approved the proposal of the Department of the Financial Services for the appointment of Setty, currently serving as the deputy managing director of the SBI, in the key post.

Setty has been appointed as the MD of the SBI for a period of three years with effect from the date of his taking over the charge of the post or until further orders, whichever is earlier and which is extendable by two years or until further orders, whichever is earlier, after review of his performance, the order said.

Also Read: IMF lowers India's 2019 growth forecast to 4.8% from 6.1%

Also Read: Unemployment rate rises to 7.5% during Sept-Dec; high among educated youth: CMIE

Also Read: Tata Motors is confident EVs will sell; here's why

Youtube
  • Print

  • COMMENT
BT-Story-Page-B.gif
A    A   A
close