Rana Ashutosh Kumar Singh Appointed as Managing Director of SBI
| Aspect | Details |
|---|---|
| Appointment | Rana Ashutosh Kumar Singh appointed as MD of SBI. |
| Departments Overseeing | Risk Compliance and Stressed Assets Resolution Group (SARG). |
| Successor | Replaces Alok Choudhary. |
| Term Duration | Until June 30, 2027. |
| Deputy MD Role | Gajendra Singh Rana appointed as DMD for retail and real estate. |
| Previous Role of DMD | Chief General Manager of Mumbai circle. |
| Chairman Appointment | CS Setty confirmed as new SBI Chairman by ACC. |
| Outgoing Chairman | Dinesh Khara's term ended on August 28. |
| Future MD Position | FSIB to interview candidates for SBI's fourth MD position. |
| Leading Candidate | Amara Ramamohan Rao, current top risk officer. |
| Stock Performance | SBI stock traded at ₹809.80, down 0.34% at 1:15 PM. |
| Intraday High/Low | High: ₹820, Low: ₹806.40. |
| Previous Close | ₹812.60. |