Banks Board Bureau recommends Dinesh Khara for SBI chairman post

Govt will take final call on appointment of SBI chairman. If selected, Khara would succeed Rajnish Kumar, whose term ends in October

The Banks Board Bureau on Friday recommended Dinesh Kumar Khara for the post of chairman of State Bank of India (SBI), the country’s largest lender. The government, however, will take the final call on the appointment. 

Khara, the senior-most managing director at SBI, who looks after global banking, associates, and subsidiaries, will replace Rajnish Kumar, whose term as chairman comes to an end on October 7.  

The Bureau, the headhunter for state-owned banks and financial institutions, said in a statement that it interviewed the four managing directors of SBI on Friday. “Keeping in view their performance in the interface and