Current Affairs - Awards and Honours - Discussion

Ravi Ranjan has been appointed as the new Managing Director of the State Bank of India by the Government of India. A senior career banker, he was previously serving as Deputy Managing Director at SBI, where he handled important operational and strategic responsibilities. He succeeded Vinay M. Tonse and officially assumed charge following the government notification issued in December 2025. His tenure has been approved until his superannuation on 30 September 2028, ensuring leadership continuity at India’s largest public sector bank. The appointment is significant as SBI focuses on digital banking expansion, credit growth, asset quality management, and maintaining financial stability in a competitive banking environment.