Ravi Ranjan Appointed Managing Director of State Bank of India

Ravi Ranjan has been appointed as the new Managing Director of the State Bank of India. He succeeds Vinay M. Tonse, who retired from service in November. The appointment comes at a time when SBI continues to focus on balance sheet strength, digital expansion, and credit growth across sectors. Ravi Ranjan brings extensive banking experience to the role and will be part of the bank’s top leadership team responsible for strategic and operational decision-making.