State Bank of India (SBI), the country’s largest public sector lender, has appointed Shri Ravi Ranjan as its new Managing Director, effective December 15, 2025. The Appointments Committee of the Cabinet (ACC) approved his elevation from Deputy Managing Director, with his tenure lasting until superannuation on September 30, 2028.
Ranjan, who began his career as a Probationary Officer in 1991, brings over 33 years of experience in banking and global markets. His appointment was notified by the Department of Financial Services under the provisions of the SBI Act, 1955, and disclosed to exchanges under SEBI’s LODR regulations. He assumed charge immediately, signaling continuity and stability in SBI’s leadership as the bank navigates growth, digital transformation, and global expansion.
Notable updates
• Ravi Ranjan appointed Managing Director of SBI, effective December 15, 2025
• Tenure approved until September 30, 2028, or until further orders
• ACC cleared his elevation from Deputy Managing Director to MD
• Brings 33+ years of banking experience, starting as Probationary Officer in 1991
• Appointment disclosed under SEBI’s LODR regulations and SBI Act, 1955 provisions
Major takeaway
Ravi Ranjan’s appointment as MD reinforces SBI’s leadership depth, ensuring stability and strategic continuity as India’s largest lender advances its digital and global ambitions.
Sources: Indian Masterminds, Business Upturn, InvestyWise