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Challa Sreenivasulu Setty

From Wikipedia, the free encyclopedia
Indian banker

Challa Sreenivasulu Setty
At theWEF Annual Meeting in 2025
27th Chairman of State Bank of India
Assumed office
28 August 2024
Preceded byDinesh Kumar Khara
Personal details
Born (1965-09-26)26 September 1965 (age 60)
Jogulamba Gadwal district, Telangana, India
ResidenceMumbai, India

Challa Sreenivasulu Setty (born 26 September 1965), also known asC. S. Setty, is abanker and the currentchairman ofState Bank of India, India's largest public sector bank.[1][2]

Early life and education

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Setty was born on 26 September 1965 in aTelugu family.[3] He was born in Peddapothulapadu village in theJogulamba Gadwal district ofTelangana state.[4][5]

He completed his schooling in government schools.[6] Later, he earned his Bachelor of Science degree in agriculture from theAcharya N. G. Ranga Agricultural University (ANGRAU).[7]

Career

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He began his career at theState Bank of India in 1988 as a probationary officer.[8] He started his banking career with an assignment at theBardoli,Surat branch of theState Bank of India in 1988.[9]

He is also a certified associate of theIndian Institute of Bankers.[8]

As one of the managing directors, he looked after international banking, global markets, and technology verticals before succeedingDinesh Kumar Khara as the27th chairman of State Bank of India. As of 2024[update], he had served over 35 years at various levels in theState Bank of India.[10][11][12]

Chairmanship

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His leadership style is characterized by his proactive approach to understanding customer needs. He is known for frequently engaging with retail customers to gather feedback on their service experiences, pain points, and suggestions for improvement. This hands-on approach reflects his dedication to enhancing customer satisfaction and driving continuous improvement within the bank.[13]

See also

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References

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  1. ^"From PO to SBI chairman: Meet 'people's man' Challa Srinivasalu Setty who is now the new boss of India's biggest bank".The Economic Times. 28 August 2024.ISSN 0013-0389. Retrieved15 December 2025.
  2. ^Kochuveedan, Benn (7 August 2024)."From a village to the SBI corner office, new chairman Setty has travelled a long way".The New Indian Express. Retrieved18 March 2025.
  3. ^"Telugu bidda rises to helm country's largest bank SBI".The Times of India. 7 July 2024.ISSN 0971-8257. Retrieved18 March 2025.
  4. ^https://timesofindia.indiatimes.com/city/hyderabad/telugu-bidda-challa-sreenivasulu-setty-appointed-as-sbi-chairman/articleshow/111545875.cms
  5. ^"CS Setty: Soft spoken village boy set to occupy SBI's corner office". Business Standard. 30 June 2024.
  6. ^https://timesofindia.indiatimes.com/city/hyderabad/telugu-bidda-challa-sreenivasulu-setty-appointed-as-sbi-chairman/articleshow/111545875.cms
  7. ^"No one's ever asked me about my degree in 30 yrs': New SBI chief CS Setty says academics is just an entry pass". Business Today. 7 July 2024.
  8. ^ab"ఎస్‌బీఐ కొత్త ఛైర్మన్‌గా చల్లా శ్రీనివాసులు శెట్టి.. తెలుగు వ్యక్తి పేరు కేంద్రానికి సిఫారసు" [SBI: Challa Srinivasulu Shetty as the new chairman of SBI].Samayam (in Kannada). 30 June 2024.
  9. ^https://timesofindia.indiatimes.com/city/hyderabad/telugu-bidda-challa-sreenivasulu-setty-appointed-as-sbi-chairman/articleshow/111545875.cms
  10. ^"ఎస్‌బీఐ ఛైర్మన్‌గా చల్లా శ్రీనివాసులు.. ప్రతిపాదించిన ఎఫ్‌ఎస్‌ఐబీ" [Challa Srinivasulu as Chairman of SBI proposed by FSIB] (in Telugu). Telugu News. 29 June 2024.
  11. ^"Challa Sreenivasulu Setty Appointed As Next SBI Chairman". NDTV. 29 June 2024.
  12. ^Srivats, K. R. (7 August 2024)."CS Setty appointed as chairman of SBI".BusinessLine. Retrieved18 March 2025.
  13. ^https://arjasrikanth.in/2024/08/08/challa-sreenivasulu-setty-a-humble-journey-to-the-pinnacle-of-banking/

External links

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Subsidiaries
India
International
  • PT Bank Indo Monex
  • SBI Australia
  • SBI Bangladesh
  • SBI Baharain
  • SBI Botswana
  • SBI Canada Bank
  • SBI China
  • SBI (Mauritius) Limited
  • Nepal SBI Bank Limited
  • SBI Sri Lanka
  • SBI South Korea
  • SBI South Africa
  • SBI UK Limited
  • SBI USA
JVs
  • SBI Payments (76%) (JV with Hitachi Payments)
Predecessors
Major frauds
Mergers
Investments
People
Chairperson
Current
  • Rama Mohan Rao Amara (SBI Cards)
  • Prakash Chandra Kandpal (SBI General)
  • Arun Mehta (SBICAPS)
  • Mahesh Kumar Sharma (SBI Life)
CSR
Mobile banking
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