For the second time in a month,State Bank of IndiaBSE -3.04 % (SBI) has shuffled its both top and mid-level management by appointing Arundhati Bhattacharya as new CFO and DM and promoting seven of its CGMs as deputy MDs.
Late last month, the bank, which will have a new chairman by September-end unless the government sets a precedent by giving an extension to the incumbent Pratip Chaudhuri, had elevated Bhattacharya as the managing director and chief financial officer and had also moved deputy managing director (DMD) P Pradeep Kumar to the large corporate group.
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