List of chairpersons of the State Bank of India
Chief executive of the State Bank of India From Wikipedia, the free encyclopedia
The chairperson of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ex-officio chair of its Central Board of Directors. Since its establishment in 1955 by the government of India, the State Bank of India has been headed by twenty-seven chairpersons.
| Chairman of State Bank of India | |
|---|---|
since 28 August 2024 | |
| Residence | Dunedin Bunglow, Mumbai |
| Appointer | Government of India |
| Term length | Three years |
| Constituting instrument | The State Bank of India Act, 1955 |
| Inaugural holder | John Matthai (1955–1956) |
| Formation | 1 July 1955 |
| Deputy | 4 Managing Directors and 8 Directors[1] |
| Salary | ₹225,000 (US$2,700) |
| Website | bank |
The term of office typically runs for three years and can, in some cases, be extended for another two years. However, in practice, only four Chairmen, Raj Kumar Talwar, O. P. Bhatt , Arundhati Bhattacharya and Dinesh Kumar Khara had their terms extended. Arundhati Bhattacharya was also the first female chairperson of the bank and continues to be the only woman to have held that post.
The inaugural officeholder was the Indian railway minister John Matthai, while Raj Kumar Talwar holds the unique distinction of having been in office for the longest time. H. V. R. Iengar and P. C. Bhattacharya also held the post of governor of the Reserve Bank of India. Borra Venkatappaiah also held the post of the Deputy governor of the Reserve Bank of India.
Although the State Bank of India, through its predecessors, the Imperial Bank of India and others, has existed in some form since 1806, this article strives to list only those chairmen who have headed the bank since its formation in its modern form, that is since 1955.
Challa Sreenivasulu Setty is the current chairman of the State Bank of India since 28 August 2024.
| No. | Officeholder | Portrait | Term start | Term end | Term in office | Background | Other offices held | References |
|---|---|---|---|---|---|---|---|---|
| 1 | John Matthai |  |
1 July 1955 | 30 September 1956 | 1 year, 91 days | Economist | Minister of Railways and Minister of Finance | [2][3][4][5] |
| 2 | H. V. R. Iengar |  |
1 October 1956 | 28 February 1957 | 150 days | Indian Civil Service officer | Governor of the Reserve Bank of India |
[6][7][4][5] |
| 3 | P. C. Bhattacharya | 1 March 1957 | 28 February 1961 | 3 years, 364 days | Indian Audits and Accounts Service officer | Governor of the Reserve Bank of India | [8][9][4][5] | |
| 4 | Borra Venkatappaiah | 1 March 1962 | 28 February 1965 | 2 years, 364 days | Indian Civil Service (ICS) officer | Deputy governor of the Reserve Bank of India | [10][11][4][5] | |
| 5 | V. T. Dehejia | 1 March 1965 | 28 February 1969 | 3 years, 364 days | Career civil servant | Indian Civil Service officer | [12][13][4][5] | |
| 6 | Raj Kumar Talwar | 1 March 1969 | 3 August 1976 | 7 years, 155 days(longest tenure) | Career banker | [14][15][4][5][16] | ||
| 7 | T. R. Varadachary | 4 August 1976 | 30 April 1977 | 269 days | Career banker | [17][18][4][5] | ||
| 8 | P. C. D. Nambiar | 23 May 1977 | 13 December 1982 | 5 years, 204 days | Career banker | [19][20][4][5][21] | ||
| 9 | V. S. Natarajan | 20 December 1982 | 30 January 1983 | 41 days | Career banker | [22][23][4][5][21][24] | ||
| 10 | R. P. Goyal | 31 January 1983 | 30 November 1983 | 303 days | Career banker | [25][26][4][5] | ||
| 11 | Vishwanath N. Nadkarni | 1 December 1983 | 27 July 1984 | 239 days | Career banker | [27][28][4][5][29][30] | ||
| 12 | D. N. Ghosh | 13 May 1985 | 12 May 1989 | 3 years, 364 days | Career civil servant | Indian Audit and Accounts Service officer | [31][32][33][34] | |
| 13 | Atal V. | 15 January 1990 | 17 February 1990 | 33 days | Career banker | [35][36][4][5] | ||
| 14 | M. N. Goiporia | 19 February 1990 | 31 July 1992 | 2 years, 163 days | Career banker | Chairman of the Central Bank of India |
[37][38][4][39] | |
| 15 | Dipankar Basu | 25 February 1993 | 31 August 1995 | 2 years, 187 days | Career banker |
Economist | [40][41][42][43] | |
| 16 | P. G. Kakodkar | 1 October 1995 | 31 March 1997 | 1 year, 181 days | Career banker | Chairman of the Goa Public Service Commission | [44][45][46] | |
| 17 | M. S. Verma | 1 April 1997 | 30 September 1998 | 1 year, 182 days | Career banker | Chairman of the Telecom Regulatory Authority of India | [47][48][49] | |
| 18 | M. P. Radhakrishnan | 1 December 1998 | 31 January 1999 | 61 days | Career banker | Economist | [50][51][42][52] | |
| 19 | G. G. Vaidya | 1 February 1999 | 31 October 2000 | 1 year, 273 days | Career banker | Chairman of the State Bank of Travancore | [53][54][55][42] | |
| 20 | Janki Vallabh | 1 November 2000 | 31 October 2002 | 1 year, 364 days | Career banker | Economist | [56][57][58] | |
| 21 | Arun Kumar Purwar | 13 November 2002 | 31 May 2006 | 3 years, 199 days | Career banker | Chairman of the Federation of Indian Chambers of Commerce & Industry Senior lecturer at the University of Allahabad |
[59][60][61] | |
| 22 | O. P. Bhatt |  |
1 July 2006 | 6 April 2011 | 4 years, 279 days | Career banker | Chairman of the Indian Banks' Association | [62][63][64] |
| 23 | Pratip Chaudhuri |  |
7 April 2011 | 30 September 2013 | 2 years, 176 days | Career banker | Chairman of the State Bank of Saurashtra | [65][66][67][68] |
| 24 | Arundhati Bhattacharya |  |
1 October 2013 | 6 October 2017 | 4 years, 5 days | Career banker | Head of India Operations of Salesforce | [69][70][71][72] |
| 25 | Rajnish Kumar |  |
7 October 2017 | 6 October 2020 | 2 years, 365 days | Career banker | Chairman of the Indian Institute of Banking and Finance | [73][74][75][76] |
| 26 | Dinesh Kumar Khara |  |
7 October 2020 | 28 August 2024 | 3 years, 326 days | Career banker | Chairman of the SBI Life Insurance Company | [77][78][79][80] |
| 27 | Challa Sreenivasulu Setty | 28 August 2024 | Incumbent | 7 days | Career Banker | Managing Director of the State Bank of India | [81][82][83][84][85][86] |
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