Senior SBI Executives May Be Made Chiefs Of PSU Banks

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(ET)

The Centre is considering a proposal to reshuffle the top decks at large state-run banks such as Punjab National Bank and Bank of India, wherein the CEOs at these lenders could be replaced — among others — by leading State Bank of India (SBI) executives, said three senior officials who did not want to be named.
“There is a thinking to replace the top slots at large PSU banks with senior executives of the SBI, India’s largest commercial bank that is said to have a pool of talented officers,” said one of the people cited above. Bank of Baroda and Canara Bank are among the other lenders that may see top SBI executives moving into the corner offices.

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