Chief executive of the State Bank of India
The chairperson of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ex-officio chair of its Central Board of Directors. Since its establishment in 1955 by the government of India , the State Bank of India has been headed by twenty-seven chairpersons.
The term of office typically runs for three years and can, in some cases, be extended for another two years. However, in practice, only four Chairmen, Raj Kumar Talwar , O. P. Bhatt , Arundhati Bhattacharya and Dinesh Kumar Khara had their terms extended. Arundhati Bhattacharya was also the first female chairperson of the bank and continues to be the only woman to have held that post.
The inaugural officeholder was the Indian railway minister John Matthai , while Raj Kumar Talwar holds the unique distinction of having been in office for the longest time. H. V. R. Iengar and P. C. Bhattacharya also held the post of governor of the Reserve Bank of India . Borra Venkatappaiah also held the post of the Deputy governor of the Reserve Bank of India .
Although the State Bank of India , through its predecessors, the Imperial Bank of India and others, has existed in some form since 1806 , this article strives to list only those chairmen who have headed the bank since its formation in its modern form, that is since 1955.
Challa Sreenivasulu Setty is the current chairman of the State Bank of India since 28 August 2024.
SBI chairman list
List of chairpersons of the State Bank of India
No.
Officeholder
Portrait
Term start
Term end
Term in office
Background
Other offices held
References
1
John Matthai
1 July 1955
30 September 1956
1 year, 91 days
Economist
Minister of Railways and Minister of Finance
[ 2] [ 3] [ 4] [ 5]
2
H. V. R. Iengar
1 October 1956
28 February 1957
150 days
Indian Civil Service officer
Governor of the Reserve Bank of India
[ 6] [ 3] [ 4] [ 5]
3
P. C. Bhattacharya
1 March 1957
28 February 1962
4 years, 364 days
Indian Audits and Accounts Service officer
Governor of the Reserve Bank of India
[ 7] [ 3] [ 4] [ 5]
4
Borra Venkatappaiah
1 March 1962
28 February 1965
2 years, 364 days
Indian Civil Service (ICS) officer
Deputy governor of the Reserve Bank of India
[ 8] [ 3] [ 4] [ 5]
5
V. T. Dehejia
1 March 1965
28 February 1969
3 years, 364 days
Career civil servant
Indian Civil Service officer
[ 9] [ 3] [ 4] [ 5]
6
Raj Kumar Talwar
1 March 1969
3 August 1976
7 years, 155 days(longest tenure)
Career banker
[ 10] [ 3] [ 4] [ 5] [ 11]
7
T. R. Varadachary
4 August 1976
30 April 1977
269 days
Career banker
[ 12] [ 3] [ 4] [ 5]
8
P. C. D. Nambiar
23 May 1977
13 December 1982
5 years, 204 days
Career banker
[ 13] [ 3] [ 4] [ 5] [ 14]
9
V. S. Natarajan
20 December 1982
30 January 1983
41 days
Career banker
[ 15] [ 3] [ 4] [ 5] [ 14] [ 16]
10
R. P. Goyal
31 January 1983
30 November 1983
303 days
Career banker
[ 17] [ 3] [ 4] [ 5]
11
Vishwanath N. Nadkarni
1 December 1983
27 July 1984
239 days
Career banker
[ 18] [ 3] [ 4] [ 5] [ 19] [ 20]
12
D. N. Ghosh
13 May 1985
12 May 1989
3 years, 364 days
Career civil servant
Indian Audit and Accounts Service officer
[ 21] [ 3] [ 22] [ 23]
13
Atal V.
15 January 1990
17 February 1990
33 days
Career banker
[ 24] [ 3] [ 4] [ 5]
14
M. N. Goiporia
19 February 1990
31 July 1992
2 years, 163 days
Career banker
Chairman of the Central Bank of India
[ 25] [ 3] [ 4] [ 26]
15
Dipankar Basu
25 February 1993
31 August 1995
2 years, 187 days
Career banker
Economist
[ 27] [ 3] [ 28] [ 29]
16
P. G. Kakodkar
1 October 1995
31 March 1997
1 year, 181 days
Career banker
Chairman of the Goa Public Service Commission
[ 30] [ 3] [ 31]
17
M. S. Verma
1 April 1997
30 September 1998
1 year, 182 days
Career banker
Chairman of the Telecom Regulatory Authority of India
[ 32] [ 3] [ 33]
18
M. P. Radhakrishnan
1 December 1998
31 January 1999
61 days
Career banker
Economist
[ 34] [ 3] [ 28] [ 35]
19
G. G. Vaidya
01 February 1999
01 October 2000
1 year, 273 days
Career banker
Chairman of the State Bank of Travancore
[ 36] [ 3] [ 37] [ 28]
20
Janki Vallabh
1 November 2000
31 October 2002
1 year, 364 days
Career banker
Economist
[ 38] [ 3] [ 39]
21
Arun Kumar Purwar
13 November 2002
31 May 2006
3 years, 199 days
Career banker
Chairman of the Federation of Indian Chambers of Commerce & Industry
Senior lecturer at the University of Allahabad
[ 40] [ 3] [ 41]
22
O. P. Bhatt
01 July 2006
31 March 2011
4 years, 279 days
Career banker
Chairman of the Indian Banks' Association
[ 42] [ 3] [ 43]
23
Pratip Chaudhuri
7 April 2011
30 September 2013
2 years, 176 days
Career banker
Chairman of the State Bank of Saurashtra
[ 44] [ 3] [ 45] [ 46]
24
Arundhati Bhattacharya
1 October 2013
6 October 2017
4 years, 5 days
Career banker
Head of India Operations of Salesforce
[ 47] [ 3] [ 48] [ 49]
25
Rajnish Kumar
7 October 2017
6 October 2020
2 years, 365 days
Career banker
Chairman of the Indian Institute of Banking and Finance
[ 50] [ 3] [ 51] [ 52]
26
Dinesh Kumar Khara
7 October 2020
28 August 2024
3 years, 326 days
Career banker
Chairman of the SBI Life Insurance Company
[ 53] [ 3] [ 54] [ 55]
27
Challa Sreenivasulu Setty
28 August 2024
Incumbent
72 days
Career Banker
Managing Director of the State Bank of India
[ 56] [ 57] [ 58] [ 59] [ 60] [ 3]
See also
References
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^ a b Viswanathan, R. (18 January 2013). "Banking on integrity" . @businessline .
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^ "Late Shri. Vishwanath N. Nadkarni - Times of India" . The Times of India . 3 August 2016.
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^ Bandyopadhyay, Tamal (18 May 2006). "Tamal Bandyopadhyay: The hunt for the SBI chief" . Business Standard India – via Business Standard.
^ "SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI" . 14 July 2023.
^ a b c "Extension For Verma At Sbi Ruled Out" . Business Standard India . 8 July 1998 – via Business Standard.
^ "Former Chairman of SBI comes out with autobiography" . www.oneindia.com . 20 July 2006.
^ "SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI" . 14 July 2023.
^ "Former SBI chairman P G Kakodkar passes away - ET BFSI" . ETBFSI.com .
^ "SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI" . 14 July 2023.
^ "Ex-SBI chairman M.S. Verma appointed TRAI chairman" . www.ciol.com . 29 January 2000.
^ "SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI" . 14 July 2023.
^ Ganapathy, Nirmala. "CBI chargesheets SBI's former MD for funds misuse" . The Economic Times .
^ "SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI" . 14 July 2023.
^ "SBI Millennium Scheme to Give Us a Miss" . www.telegraphindia.com .
^ "SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI" . 14 July 2023.
^ " 'CVC to focus on bank frauds' | Hyderabad News - Times of India" . The Times of India . 13 October 2002.
^ "SBI CEO Salary 2023 - Know the Annual Salary of the Chairman of SBI" . 14 July 2023.
^ "Interview with Arun Kumar Purwar ex-chairman SBI" . Moneylife NEWS & VIEWS .
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^ "Aon Hewitts 6th Annual Rewards Conference" . www.aon.com .
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^ Bandyopadhyay, Tamal (13 September 2012). "Pratip Chaudhuri | The last-mile challenge" . mint .
^ Mehta, Sangita. "Outgoing SBI chairman Pratip Chaudhuri leaves poor investors, rich legacy" . The Economic Times .
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^ "The force is with Arundhati" . www.fortuneindia.com . 12 December 2020.
^ Shwweta Punj (27 December 2020). "I almost quit SBI to move to a bigger city for my child: Arundhati Bhattacharya" . India Today .
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^ "How Rajnish Kumar Landed A Job At Kotak Within 4 Months Of Retiring As SBI Chief" . Moneycontrol . 15 February 2021.
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^ "Shaktikanta Das: The man behind GST, note ban now heads RBI" . The Economic Times . The Times Group . 11 December 2018. OCLC 61311680 . Retrieved 11 December 2018 .
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^ [4]
^ [5]
^ [6]
External links
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