Dinesh Khara is an Indian banker and chairman. He is the Chairman of State Bank of India (SBI).
Wiki/Biography
Dinesh Kumar Khara was born on Monday, August 28, 1961 (age 62; as of 2024). His zodiac sign is Virgo. He pursued postgraduate studies in commerce from Delhi School of Economics (D School), Delhi University. He also holds an MBA degree from Delhi University School of Management. He is a certified member of the Association of Indian Bankers (CAIIB).
appearance
Height (approximately): 5′6″
Hair Color: Salt and Pepper
Eye color: brown
family
Parents and siblings
There is not much information about his parents and siblings.
wife and children
Dinesh is married to Anita Kala. She serves as National President of the SBI Ladies Club.
Signature/Autograph
Signed by Dinesh Kala
Profession
state bank of india
State Bank of India is a state-owned company established in 1955. In 1984, Dinesh Khara was hired as a probationary officer by the State Bank of India (SBI). During his tenure with SBI, he served as Managing Director (MD) of Global Banks and Subsidiaries, Managing Director of State Bank Associates and Subsidiaries and Chief General Manager, Bhopal Circle Branch. As chief general manager, he oversees approximately 1,400 branches.
Dinesh Khara sitting at his desk in the office
Dinesh also worked in the international banking group’s overseas expansion arm and is credited with helping acquire Bank India International, Mauritius (now SBI Mauritius). He was also assigned to overseas duty in Chicago. He also served as Managing Director and Chief Executive Officer of SBI Funds Management Pvt. Ltd. (SBIMF). As MD and CEO, he led the company to become the fifth largest mutual fund in India. He was appointed as Managing Director of SBI on August 9, 2016 for a term of three years. In 2019, after performance appraisal, his term was extended for 2 years. He is responsible for banking operations, including international banking, corporate banking and treasury operations. He is credited with the successful merger of SBI with its five associate banks and Bhartiya Mahila Bank. His initiatives propelled SBI among the top 50 banks globally. In 2017, Dinesh and Rajnish Kumar (former SBI chairman and then managing director) applied for the chairmanship; while Rajnish was selected for the post, it was later decided that Dinesh would be the chairman. Although Dinesh is slated to retire in 2021, he was appointed chairman of SBI on October 7, 2020 for a term of three years.
SBI welcomes Mr. Dinesh Kumar Khara as its new Chairman. We are pleased and look forward to working under his guidance and leadership.#SBI #StateBankofIndia #SBI Chairman #dineshkara pic.twitter.com/KSUjOViyXr
— State Bank of India (@TheOfficialSBI) October 7, 2020
The Ministry of Finance issued a statement saying,
Dinesh Kumar Khara has been appointed as Chairman of the Bank for a period of 3 years with effect from the date of taking over the position on or after October 7, 2020 or until further orders, whichever is earlier. ”
In October 2023, the government extended his term as chairman until August 2024, when Dinesh turned 63.
dispute
Threat of kidnapping
In 2022, while Dinesh Khara was chairman, his aides received threatening phone calls from a man calling himself Mohammed Jia Ul Ali. The caller requested the bank to sanction a loan of Rs. 1 million. The caller threatened to kidnap and murder the SBI chairman if this was not done. He further threatened to bomb the bank’s corporate offices. The bank’s assistant security manager lodged a complaint with Mumbai police. They traced the call to West Bengal and sent a team of Mumbai police to arrest the caller.
award
Dinesh Khara wins the CNN-News18 Indian Award 2023 in the Business Category.
Dinesh Khara wins India Personality of the Year Award 2023
salary
Dinesh Khara’s salary is Rs. 34,42,500 for fiscal year 2022 (April 2021 to March 2022). His basic salary is Rs. 27 lakhs and his allowance is Rs. 7,42,500.
Facts/Trivia
- Dinesh Khara is invited to events and universities to speak or serve as chief guest.
Dinesh Khara speaks at Columbia Business School in New York
- Dinesh said in an interview that “perseverance” is the word that best describes him.
Categories: Biography
Source: HIS Education