Chalasani Venkat Nageswar appointed as Deputy managing director and CFO of SBI

State Bank of India recently announced that Chalasani Venkat Nageswar has been given additional charge of Deputy managing director and Chief financial officer (CFO) of the bank. He is presently serving as the Deputy Managing Director (International Banking Group) has been given additional charges.

SBI also recently said that it will invest ₹2,450 crore now, out of the ₹10,000 crore to pick up 49% in the Yes bank, which was placed in moratorium recently by RBI.