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Arundhati Bhattacharya gets year-long extension as SBI chief

business Updated: Oct 01, 2016 16:02 IST
State Bank of India,Arundhati Bhattacharya,bankers
Arundhati Bhattacharya will oversee the merger of six banks with SBI.

Arundhati Bhattacharya has secured a year’s extension as the chairperson of the State Bank of India (SBI) to oversee the merger of six smaller commercial banks into the country’s largest lender, officials said.

Her tenure was to end on October 6.

The government last month gave its nod for the merger of six banks--State Bank of Bikaner and Jaipur, State bank of Travancore, State Bank of Patiala, State Bank of Hyderabad, State Bank of Maharashtra and Bharatiya Mahila Bank--with the State Bank of India.

First Published: Oct 01, 2016 16:01 IST