Chief executive of the State Bank of India
Thechairperson of the State Bank of India is thechief executive officer of India's largest scheduled commercial bank and theex-officio chair of its Central Board of Directors. Since its establishment in 1955 by thegovernment of India , theState Bank of India has been headed by twenty-seven chairpersons.
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 andDinesh Kumar Khara had their terms extended.Arundhati Bhattacharya was also the first female chairperson ofthe bank and continues to be the only woman to have held that post.
The inaugural officeholder was theIndian railway minister John Matthai , whileRaj Kumar Talwar holds the unique distinction of having been in office for the longest time.H. V. R. Iengar andP. C. Bhattacharya also held the post ofgovernor of theReserve Bank of India .Borra Venkatappaiah also held the post of theDeputy governor of the Reserve Bank of India .
Although theState Bank of India , through its predecessors, theImperial 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 theState Bank of India since 28 August 2024.
List of chairpersons of the State Bank of India 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 andMinister of Finance [ 2] [ 3] [ 4] [ 5] 2 H. V. R. Iengar 1 October 1956 28 February 1957 150 days Indian Civil Service officerGovernor of the Reserve Bank of India [ 6] [ 3] [ 4] [ 5] 3 P. C. Bhattacharya 1 March 1957 28 February 1962 4 years, 364 days Indian Audits and Accounts Service officerGovernor of the Reserve Bank of India [ 7] [ 3] [ 4] [ 5] 4 Borra Venkatappaiah 1 March 1962 28 February 1965 2 years, 364 days Indian Civil Service (ICS) officerDeputy governor of the Reserve Bank of India [ 8] [ 3] [ 4] [ 5] 5 V. T. Dehejia 1 March 1965 28 February 1969 3 years, 364 days Career civil servant Indian Civil Service officer[ 9] [ 3] [ 4] [ 5] 6 Raj Kumar Talwar 1 March 1969 3 August 1976 7 years, 155 days(longest tenure) Career banker [ 10] [ 3] [ 4] [ 5] [ 11] 7 T. R. Varadachary 4 August 1976 30 April 1977 269 days Career banker [ 12] [ 3] [ 4] [ 5] 8 P. C. D. Nambiar 23 May 1977 13 December 1982 5 years, 204 days Career banker [ 13] [ 3] [ 4] [ 5] [ 14] 9 V. S. Natarajan 20 December 1982 30 January 1983 41 days Career banker [ 15] [ 3] [ 4] [ 5] [ 14] [ 16] 10 R. P. Goyal 31 January 1983 30 November 1983 303 days Career banker [ 17] [ 3] [ 4] [ 5] 11 Vishwanath N. Nadkarni 1 December 1983 27 July 1984 239 days Career banker [ 18] [ 3] [ 4] [ 5] [ 19] [ 20] 12 D. N. Ghosh 13 May 1985 12 May 1989 3 years, 364 days Career civil servant Indian Audit and Accounts Service officer[ 21] [ 3] [ 22] [ 23] 13 Atal V. 15 January 1990 17 February 1990 33 days Career banker [ 24] [ 3] [ 4] [ 5] 14 M. N. Goiporia 19 February 1990 31 July 1992 2 years, 163 days Career banker Chairman of theCentral Bank of India [ 25] [ 3] [ 4] [ 26] 15 Dipankar Basu 25 February 1993 31 August 1995 2 years, 187 days Career banker Economist [ 27] [ 3] [ 28] [ 29] 16 P. G. Kakodkar 1 October 1995 31 March 1997 1 year, 181 days Career banker Chairman of theGoa Public Service Commission [ 30] [ 3] [ 31] 17 M. S. Verma 1 April 1997 30 September 1998 1 year, 182 days Career banker Chairman of theTelecom Regulatory Authority of India [ 32] [ 3] [ 33] 18 M. P. Radhakrishnan 1 December 1998 31 January 1999 61 days Career banker Economist [ 34] [ 3] [ 28] [ 35] 19 G. G. Vaidya 1 February 1999 1 October 2000 1 year, 273 days Career banker Chairman of theState Bank of Travancore [ 36] [ 3] [ 37] [ 28] 20 Janki Vallabh 1 November 2000 31 October 2002 1 year, 364 days Career banker Economist [ 38] [ 3] [ 39] 21 Arun Kumar Purwar 13 November 2002 31 May 2006 3 years, 199 days Career banker Chairman of theFederation of Indian Chambers of Commerce & Industry Senior lecturer at theUniversity of Allahabad
[ 40] [ 3] [ 41] 22 O. P. Bhatt 1 July 2006 31 March 2011 4 years, 279 days Career banker Chairman of theIndian Banks' Association [ 42] [ 3] [ 43] 23 Pratip Chaudhuri 7 April 2011 30 September 2013 2 years, 176 days Career banker Chairman of theState Bank of Saurashtra [ 44] [ 3] [ 45] [ 46] 24 Arundhati Bhattacharya 1 October 2013 6 October 2017 4 years, 5 days Career banker Head of India Operations ofSalesforce [ 47] [ 3] [ 48] [ 49] 25 Rajnish Kumar 7 October 2017 6 October 2020 2 years, 365 days Career banker Chairman of theIndian Institute of Banking and Finance [ 50] [ 3] [ 51] [ 52] 26 Dinesh Kumar Khara 7 October 2020 28 August 2024 3 years, 326 days Career banker Chairman of theSBI Life Insurance Company [ 53] [ 3] [ 54] [ 55] 27 Challa Sreenivasulu Setty 28 August 2024 Incumbent 1 year, 92 days Career Banker Managing Director of theState Bank of India [ 56] [ 57] [ 58] [ 59] [ 60] [ 3]
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