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State Bank of India talent emerges high-yield asset for pvt sector banks

State Bank of India talent emerges high-yield asset for pvt sector banks

By Kim Browne

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SBI, state bank of india

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Photo Credit: Ruby Sharma

3 min read Last Updated : Oct 13 2024 | 11:45 PM IST

In the past six months, at least three former State Bank of India (SBI) executives have been appointed managing director and chief executive officer (MD and CEO) of different private sector banks, with Partha Pratim Sengupta being the latest.

Last week, the Reserve Bank of India (RBI) approved Sengupta’s appointment as MD and CEO of Kolkata-based Bandhan Bank. He will take charge in November.

Sengupta was the deputy MD and chief credit officer at SBI. He was later appointed MD and CEO of the public sector lender Indian Overseas Bank. He is widely credited with turning around the Chennai-based

Originally published by business-standard.com. Syndicated material does not necessarily reflect the views of Grazia British.

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State Bank of India talent emerges high-yield asset for pvt sector banks | Grazia British