The interview for the post of SBI Chairman was postponed, FSIB took action a few hours before the scheduled time.
The interview for the new Chairman of State Bank of India i.e. SBI has been postponed a few hours ago. What was the reason behind this is not yet known. FSIB, the company that searches for directors of public sector banks and financial institutions, has taken this decision. According to Bhasha news, however, sources said that the new date of the interview will be decided after the formation of the new government in the country. Taking an unexpected step, FSIB has surprised in this matter.
The current chairman will retire on August 28.
According to the news, interviews were being conducted to select the successor of Financial Services Institutions Bureau (FSIB) Dinesh Khara. Dinesh Khara will retire on 28th August. FSIB is headed by Bhanu Pratap Sharma, former secretary of the Department of Personnel and Training (DoPT). Former Oriental Bank of Commerce chairman and managing director Animesh Chauhan, former Reserve Bank of India executive director Deepak Singhal and former ING Vysya Bank former managing director Shailendra Bhandari are its other members.
According to the report, the frontrunners for this post are three Managing Directors of State Bank of India – C.S. Shetty, Ashwini Kumar Tiwari and Vinay M. Tonse. The fourth Managing Director of the bank, Alok Kumar Chaudhary will retire at the end of June this year.
SBI performed brilliantly
State Bank of India earned a net profit of Rs 20,698 crore in the fourth quarter with a good growth of 23.98 percent. A year ago this profit was Rs 16,695 crore. The bank’s interest income increased by 19.46 percent to Rs 1.11 lakh crore during the quarter. SBI’s operating profit for FY24 rises 12.05 per cent year-on-year to Rs 93,797 crore; While operating profit for Q4 FY24 increased by 16.76 per cent year-on-year to Rs 28,748 crore.
