SBI: Sanjay Lohiya Nominated as Director on Central Board

State Bank of India (SBI) announced the nomination of Shri Sanjay Lohiya as a Director on its Central Board. The nomination, effective immediately, was made by the Government of India, Ministry of Finance, Department of Financial Services, under Section 19(e) of the SBI Act, 1955. Shri Lohiya, who is also the Secretary of the Department of Financial Services, replaces Shri Nagaraju Maddirala. His appointment is until further orders. Further details regarding his appointment as per SEBI (LODR) Regulations, 2015, will be provided in due course.