State Bank of India DMD Nitin Chugh's tenure ends
State Bank of India said that the contract period of Nitin Chugh, Deputy Managing Director & Head (Digital Banking & Transformation), will conclude on 3 March 2026.
The bank added that he has been relieved from the services of the bank at the close of business hours on 2 March 2026, as 3 March 2026 is a public holiday.State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers.
The bank reported a 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 140,915 crore in Q3 FY26 as compared with Q3 FY25.
Shares of State Bank of India declined 2.0% to Rs 1,165.45 on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content