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Indian Economy - Understanding the basics of Indian economic system

29-Jan-21

Swaminathan Janakiraman and Aswini Kumar Tewari appointed as MDs of State Bank of India

The appointments committee (ACC) of the Cabinet has approved the appointment of Swaminathan Janakiraman and Ashwini Kumar Tewari as new Managing Directors (MDs) of State Bank of India (SBI) for a period of three years.
Prior to this, Swaminthan Janakiraman was the deputy managing director (Finance) at SBI and Ashwini Kumar Tewari was serving as MD & CEO of SBI Card, a subsidiary of SBI.
The two posts were vacant since October 2020.
SBI is headed by a Chairman and four managing directors.
Dinesh Kumar Khara is the current Chairman of the bank. The other two MDs of the bank are C.S. Setty and Ashwani Bhatia.

By: Rohit Middha

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