SBI gets new chief in Pratip Chaudhuri
By Joseph Samson
Apr 7, 2011
Print    Email    RSS   

The seat of the chairman of the largest lender of the country, State Bank of India had fallen vacant after the superannuation of Mr O P Bhatt. The position has now been taken by Mr Pratip Chaudhuri , informed an official of the finance ministry.

"The requisite clearance from the Prime Minister's Office has been received," the official said. "The department of personnel and training will soon send the order to the finance ministry for notification."

Mr Bhatt had retired from his post on March 31, 2011 after spending five glorious years with the bank. During his tenor, SBI saw growth in leaps and bounds.

Mr Chaudhuri is presently working as managing director of SBI. The government had started the selection process three months back and still the appointment of the new head took so long. This has been a big reason for the government getting criticised.

"The delay was not on purpose and the interviews were held much ahead," the finance ministry official said.

He said that vigilance clearance of the contenders for the top slot took a lot of time.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

A chronicle of excesses by loan recovery...
NRI Home Loan: A friend for the non-residents
RBI reports 19.73% credit growth of banks...
Save tax with ELSS
Home loans: a route to home sweet home

PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive