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Rajnish Kumar appointed Chairman of State Bank of India

Rajnish Kumar has been named Chairman of India’s largest state

Rajnish Kumar has been named Chairman of India’s largest state run lender State Bank of India for a period of three years. Arundhati Bhattacharya’s term as SBI chairman ends this week. Kumar currently holds the post of Managing Director at SBI.The newly-appointed SBI Chairman says improving asset quality will be among his top priorities. Kumar says he was informed about his appointment only a few moments before it was made official. Kumar says these are challenging times for the banking sector and it will be his responsibility to carry forward the work done by Arundhati Bhattacharya. “It will be difficult to step into her shoes – they are too large,” he says.

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