Old SBI hand Dinesh Khara faces new challenges amid Covid-19 pandemic

Being an insider, Khara knows SBI culture well and has the backing of an experienced team

On August 28, Dinesh Kumar Khara received a birthday present of sorts. The Banks Board Bureau, the autonomous body set up in 2016 to improve governance in public sector banks, recommended his name for the post of arguably the country’s most powerful banker. 

Assuming the government approves Khara’s name as chairman of the State Bank of India, the country’s largest lender, he will move to the corner office at State Bank Bhavan in Mumbai’s Nariman Point on October 8. He succeeds Rajnish Kumar, who completes his three-year term. If Khara’s name is finalised, he will get a three-year extension, since he