Challa Sreenivasulu Setty Appointed as Managing Director of SBI

Challa Sreenivasulu Setty Appointed as Managing Director of SBI

• The government has appointed Challa Sreenivasulu Setty as the Managing Director (MD) of the State Bank of India (SBI) on 20 January 2020 for a period of three years, from the date of his taking over the charge of the post or until further orders.
• Setty is currently serving as the deputy managing director of the SBI.
• It must be noted that SBI has 4 MDs.
• The other three MDs of the SBI include: Parveen Kumar Gupta, Dinesh Kumar Khara and Arijit Basu.

Points to Remember:

1. Challa Sreenivasulu Setty is the new MD of which bank?
2. SBI can have how many maximum managing directors?