| Event | FSIB selects Challa Sreenivasulu Setty as the next Chairman of SBI |
| Selected Candidate | Challa Sreenivasulu Setty |
| Current Position | Senior Most Managing Director at SBI (since 2020) |
| Contenders | Ashwini Tiwari, Vinay Tonse |
| Succeeding | Dinesh Khara (current SBI Chairman) |
| Reason for Succession | Dinesh Khara reaching the age limit of 63 (term ends August 2024) |
| Term | Scheduled to end in August 2024 |
| FSIB's Decision Basis | Overall experience and performance of contenders |
| Setty's Role | 27th Chairman of SBI |
| Setty's Background | 35 years at SBI; MD since 2020; heads international banking, global markets, and technology |
| Education | Bachelor's degree in Agricultural Science; Certified by Indian Institute of Bankers |
| Key Roles Held | Deputy Managing Director - Stressed Assets Resolution Group, Chief General Manager, General Manager, Deputy General Manager, VP & Head (Syndications) at SBI New York |
| Other Key Figure | Alok Kumar Choudhary (MD Risk, Compliance & SARG) to superannuate on June 30, 2024 |
| SBI Financials (Q4 FY24) | Standalone Net Profit: ₹20,698 crore (up from ₹16,695 crore YoY) |
| Gross Advances (Mar 2024) | Increased by 15.24% YoY to ₹37,67,535 crore |
| Total Deposits (Mar 2024) | Increased by 11.13% YoY to ₹49,16,077 crore |
| Selection Panel | Bhanu Pratap Sharma (FSIB head), Animesh Chauhan, Deepak Singhal, Shailendra Bhandari |
