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NEW DELHI, Oct 5 - India has extended the tenure of the chairman of the State Bank of India , the country's largest lender, until August next year, a government order said on Thursday.
Dinesh Khara, who was due to retire later this week, will stay on till he turns 63 - the currently stipulated age of retirement for the SBI chairperson, the order said.The government has also extended the tenure of Ashwini Kumar Tewari as the managing director of the state-run lender for two years starting Jan. 27, 2024, as per the order.
Separately, the Indian government is also considering a proposal to raise the age limit for the chairman of SBI by two years to 65 and is considering extending the age limit of managing directors of other state-owned banks to 62 years from 60, the sources said.
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