Date: 2014-11-20Category: Extra OrdinaryState: Union GovernmentCountry: India
The State Bank of India, after consulting the Board of Directors of State Bank of Bikaner and Jaipur and the Reserve Bank of India and with the approval of Government of India.
**Policy Summary:**
This notification, designated No. 05201415 and issued by the State Bank of India (SBI) on October 16, 2014, concerns the appointment of a Managing Director for the State Bank of Bikaner and Jaipur (SBBJ). In accordance with Section 291 of the State Bank of India Subsidiary Banks Act, 1959, Shri Jyoti Ghosh has been appointed as Managing Director of SBBJ. This appointment follows consultation with the Board of Directors of SBBJ and the Reserve Bank of India, and has been approved by the Government of India. Shri Ghosh's tenure commenced upon assuming charge of the post and will continue until October 31, 2016, the date of his superannuation, or until further orders are issued, whichever occurs first. The notification was issued by Arundhati Bhattacharya, Chairman, SBI.
Key Entities Referenced
State Bank of India: A major public sector bank in India, mentioned in the context of appointing a Managing Director for one of its subsidiary banks.
State Bank of India Subsidiary Banks Act, 1959: The legal act under which the State Bank of India's subsidiary banks operate, referenced in the notification regarding the appointment.
State Bank of Bikaner Jaipur: A subsidiary bank of the State Bank of India, for which a Managing Director is being appointed.
Reserve Bank of India: The central bank of India, consulted in the appointment of the Managing Director.
Jyoti Ghosh: The individual appointed as Managing Director of State Bank of Bikaner Jaipur.
Mumbai, Maharashtra: City in India, mentioned as place of notification
Arundhati Bhattacharya: Chairman, signing the notification.
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[िव;ापन III/4/असा./39/14]
STATE BANK OF INDIA
(ASSOCIATES AND SUBSIDIARIES GROUP)
Mumbai, the 16th October, 2014
NOTIFICATION
A&S No. 05/2014-15.—In terms of Section 29(1) of State Bank of India (Subsidiary Banks) Act, 1959, the
State Bank of India, after consulting the Board of Directors of State Bank of Bikaner & Jaipur and the Reserve Bank of
India and with the approval of Government of India, have appointed Shri Jyoti Ghosh as Managing Director of State
Bank of Bikaner & Jaipur from the date of his assuming charge of the post and upto 31st October, 2016, i.e. the date of
his superannuation from the Bank or until further orders, whichever is earlier.
ARUNDHATI BHATTACHARYA, Chairman
[ADVT. III/4/Exty./39/14]
4578 GI/2014
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.