State Bank of India Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Vinay Tonse

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	2.3yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO

Vinay Tonse

less than a year

Tenure

Mr. Vinay M. Tonse served as Deputy Managing Director of Corporate Accounts Group at State Bank of India since 2023 until November 2023 and serves as Managing Director since November 2023. He served as Man...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Challa Setty	MD of International Banking	2.3yrs	₹3.71m	0.000010% ₹ 8.8k
Alok Choudhary	MD of Retail Business & Operations and Director	no data	₹2.85m	0% ₹ 0
Vinay Tonse	Managing Director	less than a year	no data	no data
Kameshwar Kodavanti	Chief Financial Officer	less than a year	no data	no data
Sankar Balabhadrapatruni	Deputy MD & COO	2.3yrs	no data	no data
Mahindra Kumar	Deputy GM	no data	no data	no data
Ruma Dey	Deputy MD & Group Compliance Officer	2.3yrs	no data	no data
Om Mishra	Deputy MD of HR & Corporate Development Officer	no data	no data	no data
Saloni Narayan	Deputy Managing Director of Finance	4.3yrs	no data	no data
Rana Ashutosh Singh	Deputy Managing Director of Transaction Banking & New Initiatives	2.3yrs	no data	no data
Nitin Chugh	Deputy MD and Head of Digital Banking & Transformation	2.3yrs	no data	no data
Viswanathan Ramanathan	Deputy Managing Director of Internal Audit	2.3yrs	no data	no data

2.3yrs

Average Tenure

58yo

Average Age

Experienced Management: SBID's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Challa Setty	MD of International Banking	4.3yrs	₹3.71m	0.000010% ₹ 8.8k
Alok Choudhary	MD of Retail Business & Operations and Director	no data	₹2.85m	0% ₹ 0
Mrugank Paranjape	Independent Non-Executive Director	3.8yrs	₹2.50m	0.00011% ₹ 97.2k
Dinesh Khara	Chairman of the Board	7.7yrs	₹3.70m	0.000030% ₹ 26.5k
Ajay Kumar Choudhary	Government Nominee Director	less than a year	no data	no data
Ketan Vikamsey	Independent Non-Executive Director	3.8yrs	₹2.34m	0.000060% ₹ 53.0k
Dharmendra Shekhawat	Director	less than a year	no data	no data
Ashwini Tewari	MD of Risk & SARG and Director	3.3yrs	₹3.58m	0% ₹ 0
Prafulla Chhajed	Independent Part Time Non Official Director	2.3yrs	₹2.50m	no data
Vivek Joshi	Non-Executive Nominee Director	1.4yrs	no data	no data
Swati Gupta	Independent Part-Time Non-Official Director	less than a year	no data	no data
Rajesh Dubey	Director	less than a year	no data	no data

2.3yrs

Average Tenure

57yo

Average Age

Experienced Board: SBID's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

State Bank of India Management

Management criteria checks 1/4

Key information

Recent management updates

State Bank of India Appoints Vinay M. Tonse as Managing Director

State Bank of India Announces Change in Management

State Bank of India Announces Superannuation of Subrata Biswas as Deputy Managing Director

State Bank of India Announces Superannuating of Sanjay D Naik as Deputy Managing Director

State Bank of India Informs Nomination of Shri Ajay Kumar, Executive Director, Reserve Bank of India as Director on the Central Board of State Bank of India

State Bank of India Appoints Shri Kameshwar Rao Kodavanti as Chief Financial Officer

Recent updates

State Bank of India Denies Reports on Yes Bank Stake Sale via Block Deal

Phoenix ARC, Edelweiss Keen to Acquire SBI Loan to HNG

State Bank of India to Report Q3, 2024 Results on Feb 03, 2024

State Bank of India (NSEI:SBIN) agreed to acquire 6.35% stake in Canpac Trends Pvt Ltd.

State Bank of India Appoints Vinay M. Tonse as Managing Director

State Bank of India Announces Change in Management

State Bank of India to Report Q2, 2024 Results on Nov 04, 2023

State Bank of India Announces Superannuation of Subrata Biswas as Deputy Managing Director

State Bank of India Announces Superannuating of Sanjay D Naik as Deputy Managing Director

State Bank of India Reportedly May Have Attracted Top Distressed Asset Buyers' Interest for Its Bad Loans

State Bank of India to Report Q1, 2024 Results on Aug 04, 2023

State Bank of India Informs Nomination of Shri Ajay Kumar, Executive Director, Reserve Bank of India as Director on the Central Board of State Bank of India

PSBs Reportedly Shelve Deal to Sell Drug Company Loans to NARCL

State Bank of India Appoints Shri Kameshwar Rao Kodavanti as Chief Financial Officer

State Bank of India Announces Resignation of Charanjit Surinder Singh Attra as Chief Financial Officer

State Bank of India Announces Change in Directorate

Punjab National Bank, Life Insurance Corporation of India, State Bank of India, and Bank of Baroda Reportedly Look to Seek Bids for UTI Asset Management Company Stake

State Bank of India Declares Dividend for the Financial Year Ended 31 March, 2023, Payable on June 14, 2023

ACRE Reportedly Set to Buy Out SBI's Loans to Road Company in West Bengal

State Bank of India Appoints Swati Gupta as Non- Executive Independent Director on the Central Board of Directors in the Bank

State Bank of India, Annual General Meeting, Jun 19, 2023

State Bank of India to Report Q3, 2023 Results on Feb 03, 2023

State Bank of India (NSEI:SBIN) entered into an agreement to acquire remaining 40% stake in Commercial Indo Bank" LLC from Canara Bank (NSEI:CANBK) for $14.7 million.

Tata Reportedly in Talks to Buy Majority Stake in UTI AMC from 4 PSU Finance Entities

State Bank of India Announces Nomination of Shri Vivek Joshi as Director

State Bank of India to Report Q2, 2023 Results on Nov 05, 2022

Aditya Birla Sun Life AMC Joins Race to Acquire Stake in UTI AMC

Housing Development Finance Corporation Limited (BSE:500010) completed acquisition of remaining 19.5% stake in HDFC Venture Capital Limited from State Bank of India (NSEI:SBIN).

Housing Development Finance Corporation Limited (BSE:500010) entered into an agreement to acquire remaining 19.5% stake in HDFC Venture Capital Limited from State Bank of India (NSEI:SBIN) for INR 9.75 million.

State Bank of India to Report Q1, 2023 Results on Aug 06, 2022

State Bank of India Announces Cessation of Ravindra Pandey as Nominee Director (Non-Executive)

State Bank of India Appoints Saloni Narayan as Deputy Managing Director (Finance)

State Bank of India Announces Cessation of Ashwani Bhatia as Managing Director

State Bank of India Appoints Mr. Sharad Sharma as Nominee Director

State Bank of India, Annual General Meeting, Jun 22, 2022

State Bank of India Declares Dividend for the Financial Year Ended 31 March, 2022, Payable on June 10, 2022

State Bank of India (NSEI:SBIN) agreed to acquire 13.82% stake in SBI Global Factors Ltd. from Union Bank of India (BSE:532477), Bank of Maharashtra (BSE:532525), and Small Industries Development Bank of India.

State Bank of India (NSEI:SBIN) agreed to acquire 13.82% stake in SBI Global Factors Ltd. from Union Bank of India (BSE:532477), Bank of Maharashtra (BSE:532525), and Small Industries Development Bank of India.

State Bank of India Announces Nomination of Shri Sanjay Malhotra as Director on the Central Board of Directors

State Bank Seeks NCLAT Nod to Call for Fresh Bidding for Videocon

State Bank of India Declares Dividend for the Financial Year Ended 31 March, 2021, Payable on June 18, 2021

State Bank of India Appoints Swaminathan Janakiraman & Aswini Kumar Tewari as New Managing Directors

State Bank of India to Report Q3, 2021 Results on Feb 04, 2021

Mahindra Lifespaces and State Bank of India Sign Memorandum of Understanding

SBI Decides to Divest from UTI Trustee Company

An undisclosed buyer agreed to acquire 8.5% stake in UTI Trustee Company Pvt. Ltd. from State Bank of India (NSEI:SBIN).

State Bank of India to Report Q2, 2021 Results on Nov 04, 2020

State Bank of India Announces Retirement of Rajnish Kumar as Chairman, Effective from October 7

State Bank of India Appoints Former EY Partner Charanjit Surinder Singh Attra as CFO

State Bank of India Appoints Ashwani Bhatia as Managing Director

State Bank of India to Report Q1, 2021 Results on Jul 31, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age