{"id":18251,"date":"2020-08-29T07:48:22","date_gmt":"2020-08-29T07:48:22","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=18251"},"modified":"2020-08-29T07:48:22","modified_gmt":"2020-08-29T07:48:22","slug":"bbb-recommends-name-of-dinesh-kumar-khara-as-next-chairman-of-sbi","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=18251","title":{"rendered":"BBB recommends name of Dinesh Kumar Khara as next chairman of SBI"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"article-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" class=\"lazy lazy-hidden size-full wp-image-2068627\" data-lazy-type=\"image\" src=\"https:\/\/images.financialexpress.com\/2020\/08\/1-1010.jpg\" alt=\"CS Setty is also serving as MD of State Bank of India.\" width=\"660\" height=\"440\" srcset=\"\" sizes=\"auto, (max-width: 660px) 100vw, 660px\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazy lazy-hidden size-full wp-image-2068627\" data-lazy-type=\"image\" src=\"https:\/\/images.financialexpress.com\/2020\/08\/1-1010.jpg\" alt=\"CS Setty is also serving as MD of State Bank of India.\" width=\"660\" height=\"440\" srcset=\"\" sizes=\"auto, (max-width: 660px) 100vw, 660px\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2068627\" src=\"https:\/\/images.financialexpress.com\/2020\/08\/1-1010.jpg\" alt=\"CS Setty is also serving as MD of State Bank of India.\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2020\/08\/1-1010.jpg 660w, https:\/\/images.financialexpress.com\/2020\/08\/1-1010-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2020\/08\/1-1010-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2020\/08\/1-1010-401x267.jpg 401w, https:\/\/images.financialexpress.com\/2020\/08\/1-1010-440x293.jpg 440w, https:\/\/images.financialexpress.com\/2020\/08\/1-1010-80x54.jpg 80w, https:\/\/images.financialexpress.com\/2020\/08\/1-1010-313x209.jpg 313w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\"\/><\/noscript><\/noscript><span class=\"article-caption\">CS Setty is also serving as MD of <a target=\"_blank\" href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/state-bank-of-india-stock-price\/\" rel=\"noopener noreferrer\">State Bank of India<\/a>.<\/span><\/figure>\n<\/div>\n<p><strong>By Ankur Mishra<\/strong><\/p>\n<p>The Banks Board Bureau (BBB) has recommended the name of Dinesh Kumar Khara, managing director (MD) of State Bank of India (<a target=\"_blank\" href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/state-bank-of-india-stock-price\/\" rel=\"noopener noreferrer\">SBI<\/a>), as next chairman of the bank. The board has also suggested CS Setty as the candidate on the reserve list for the vacancy. CS Setty is also serving as MD of State Bank of India.<\/p>\n<p>The three-year term of SBI chairman Rajnish Kumar will come to an end on October 7, 2020. However, the possibility of Kumar getting a one-year extension due to ongoing Covid-19 situation cannot be ruled out.<\/p>\n<p>\u201cThe final decision on the vacancy will be taken by the Appointments Committee of the Cabinet. It can either choose from the Banks Board Bureau\u2019s recommendations or extend the tenure of the current SBI chairman,\u201d the source added.<\/p>\n<p>In 2016, Rajnish Kumar\u2019s predecessor Arundhati Bhattacharya was given an extension for one year, when the largest lender was completing its merger with five associate banks.<\/p>\n<p>The Banks Board Bureau earlier on Friday interviewed four MDs of SBI, Dinesh Kumar Khara, Arijit Basu, CS Setty and Ashwani Bhatia for the post of SBI Chairman. As per the convention in SBI, the chairman is appointed from a pool of serving MDs. Dinesh Kumar Khara will be considered for the chairman position for the second time. In October 2017, when Rajnish Kumar was appointed as SBI Chairman, Khara was one among the other contenders.<\/p>\n<p>The Banks Boards Bureau is headed by BP Sharma, former secretary of the Department of Personnel and Training (DoPT). The Banks Board Bureau is an autonomous body tasked to improve the governance of public sector banks. It recommends selection of chiefs of government owned banks and financial institutions.<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/s-p-bse-sensex-stock-price\/\" target=\"_blank\" rel=\"noopener noreferrer\">BSE<\/a>, <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nifty-50-stock-price\/\" target=\"_blank\" rel=\"noopener noreferrer\">NSE<\/a>, <a href=\"https:\/\/www.financialexpress.com\/investing-abroad\/\" target=\"_blank\" rel=\"noopener noreferrer\">US Market<\/a> and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\"https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\"https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<p class=\"telegram-text\"><img loading=\"lazy\" decoding=\"async\" class=\"telegrma_img\" src=\"https:\/\/images.financialexpress.com\/2020\/04\/telegram.png\" alt=\"\" width=\"24\" height=\"24\" style=\"margin: 0px 5px 4px 0px; float: left;\"\/>Financial Express is now on Telegram. <a href=\"https:\/\/t.me\/TheFinancialExpressOnline\" target=\"_blank\" rel=\"noopener noreferrer\">Click here to join our channel<\/a> and stay updated with the latest Biz news and updates.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\\\"https:\/\/www.financialexpress.com\/industry\/banking-finance\/bbb-recommends-name-of-dinesh-kumar-khara-as-next-chairman-of-sbi\/2068563\/\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CS Setty is also serving as MD of State Bank of India. By Ankur Mishra The Banks Board Bureau (BBB) has recommended the name of Dinesh Kumar Khara, managing director (MD) of State Bank of India (SBI), as next chairman of the bank. The board has also suggested CS Setty [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18252,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-18251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/08\/1-1010.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/18251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18251"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/18251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/18252"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}