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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.
On 1 July 1955, the Imperial Bank of India became the State Bank of India. In 2008, the Government of India acquired the Reserve Bank of India's stake in SBI to remove any conflict of interest because the RBI is the country's banking regulatory authority. In 1959, the government passed the State Bank of India (Subsidiary Banks) Act.
Several governors, lieutenant governors and administrators pose with the President of India at the ‘2024 Governors Conference’, at Rashtrapati Bhawan, in New Delhi in August 2024. In the Republic of India, according to the Article 154 of Constitution of India, a governor is the constitutional head of each of the twenty-eight states.
The Government of India Act 1858 created the office of Secretary of State for India in 1858 to oversee the affairs of India, which was advised by a new Council of India with 15 members (based in London). The existing Council of Four was formally renamed as the Council of Governor-General of India or Executive Council of India.
Chairperson, 16th Finance Commission of India: Arvind Panagariya: 16 January 2024 Governor, Reserve Bank of India: Sanjay Malhotra: 11 December 2024 [28] Chairperson, Securities and Exchange Board of India: Tuhin Kanta Pandey: 1 March 2025 Chairperson, Insurance Regulatory and Development Authority: Debasish Panda: 12 March 2022 [29 ...
Bhattacharya was an Indian Audit and Accounts Service officer who served as the chairman of the State Bank of India prior to becoming the governor. 8 Lakshmi Kant Jha: 1 July 1967 — 3 May 1970 2 years, 306 days Jha was an Indian Civil Services officer who served as the secretary to the prime minister prior to becoming the governor.
Challa Sreenivasulu Setty (born 26 September 1965), also known as C.S. Setty, is an Indian banker and current Chairman of State Bank of India, India's largest public sector bank. As one of the Managing directors, he looked after International Banking, Global Markets and Technology verticals before succeeding Dinesh Kumar Khara as the 27th ...
Urjit Patel (born 28 October 1963) is a Kenyan-born Indian economist, who formerly served as the 24th Governor of the Reserve Bank of India and also Deputy Governor of Reserve Bank of India, looking after monetary policy, economic research, financial markets, statistics and information management. He resigned from his post on 10 December 2018 ...