Financial Services Institutions Bureau recommended Setty’s appointment as the next Chairman of SBI.

Financial Services Institutions Bureau recommended Setty’s appointment as the next Chairman of SBI.
Financial Services Institutions Bureau recommended Setty’s appointment as the next Chairman of SBI.

Banking is in Challa Sreenivasulu Setty’s DNA, considering that he spent school vacations collecting debt owed to his father’s grocery store in rural Andhra Pradesh.From collecting small sums in the hinterland during childhood to ensuring that State Bank of India, the nation’s largest bank, recovers hundreds of thousands of crores from debtors, 59-year old Setty has come a long way in his 36-year career as a banker.Last week, the Financial Services Institutions Bureau recommended his appointment as the next Chairman of SBI. Current Chairman Dinesh Kumar Khara’s tenure ends on August 28, 2024.Colleagues at SBI say he is a quintessential all-rounder, having handled almost all key…
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Source: https://www.thehindubusinessline.com/money-and-banking/a-quintessential-all-rounder-banking-is-in-settys-dna/article68356060.ece/amp/