Government Extends SBI MD Ashwini Kumar Tewari’s Tenure Till December 2027

Government of India has extended the tenure of Ashwini Kumar Tewari, Managing Director of State Bank of India, by two years, ensuring his continuation in office until 31 December 2027.
This is his second tenure extension, reflecting the government’s confidence in his leadership and ensuring continuity at India’s largest public sector bank.

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Government Extends SBI MD Ashwini Kumar Tewari’s Tenure Till December 2027

Details of the Tenure Extension

• Original term was to end on 27 January 2026
• Tenure now extended till 31 December 2027 (date of superannuation)
• Decision communicated through an official regulatory filing by SBI
• Aimed at maintaining stability in top management during a crucial phase of banking reforms

Second Extension for Ashwini Kumar Tewari

• This is Tewari’s second two-year extension
• First extension was granted in 2024
• Initially appointed as SBI Managing Director in January 2021 for a three-year term

During his tenure, he has overseen:

• Strengthening of SBI’s balance sheet
• Expansion of digital banking and fintech initiatives
• Support for credit growth and financial inclusion

Leadership Structure of State Bank of India

• SBI is governed by a Chairman and a Board of Directors
• The Chairman is assisted by four Managing Directors
• Each MD oversees major verticals such as:
  • Retail and corporate banking
  • International operations
  • Digital finance
  • Risk management and financial inclusion

This structure helps manage SBI’s vast domestic and global operations.

Exam-Oriented Key Facts

• Name: Ashwini Kumar Tewari
• Post: Managing Director, SBI
• Tenure Extended Till: 31 December 2027
• Extension Period: 2 years
• Number of Extensions: Second
• Initial Appointment as MD: January 2021
• Bank: State Bank of India

Question & Answer

Q1. The Government of India has extended the tenure of which SBI Managing Director till December 31, 2027?
(a) Ravi Ranjan
(b) Ashwini Kumar Tewari
(c) Vinay M. Tonse
(d) Rajesh Kumar
Answer: Ashwini Kumar Tewari

Q2. Ashwini Kumar Tewari was initially appointed as Managing Director of SBI in which year?
(a) 2019
(b) 2020
(c) 2021
(d) 2022
Answer: 2021

Q3. How many Managing Directors assist the Chairman of SBI?
(a) Two
(b) Three
(c) Four
(d) Five
Answer: Four

Q4. Ashwini Kumar Tewari’s current tenure will now end on which date?
(a) January 27, 2026
(b) March 31, 2027
(c) December 31, 2027
(d) December 31, 2028
Answer: December 31, 2027

Q5. The extension of Ashwini Kumar Tewari’s tenure mainly reflects which objective of the government?
(a) Banking nationalisation
(b) Leadership continuity and stability
(c) Bank merger policy
(d) Privatisation of PSBs
Answer: Leadership continuity and stability

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