Rajnish Kumar to be new SBI chairman

WION Web Team
New Delhi, Delhi, IndiaUpdated: Oct 04, 2017, 11:18 AM IST
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Rajnish Kumar. Photograph:(Zee News Network)

Rajnish Kumar is to be the new chairman of State Bank of India. 


Kumar is currently a managing director with the bank. 

The announcenment by the government of Kumar's chairmanship was made Wednesday. 

Reuters reported the government as saying in a statement that Kumar would assume chairmanship of the bank on October 7. 

It added that he would have three-year term.