Banks Board Bureau Recommends Dinesh Kumar Khara As Next SBI Chairman

The Banks Board Bureau on Friday recommended Dinesh Kumar Khara as the next chairman of State Bank of India (SBI), the country's largest lender, news agency PTI reported. The bank is currently headed by Rajnish Kumar, whose tenure is slated to end on 7 October, this year. As per convention, the SBI chairman is appointed from a pool of serving managing directors at the bank.