How the government selects bank chiefs

The government cleared the appointment of Arundhati Bhattacharya as the chairperson of State Bank of India, the nation’s largest lender, a week after her predecessor Pratip Chaudhuri’s term ended. For one week, the corner office on the 18th floor of the State Bank headquarters on Madame Cama Road at Nariman Point, Mumbai’s business district, was not occupied but the bank’s four managing directors were running the show.

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