The country’s largest public sector lender has announced a key leadership appointment at the top management level.
Ravi Ranjan has been appointed as Managing Director of State Bank of India with effect from December 15, 2025. The appointment follows a notification issued by the Department of Financial Services under the Ministry of Finance in accordance with the State Bank of India Act, 1955. He assumed charge on the same day and will remain in office until September 30, 2028, or until further orders.
Prior to this elevation, Ravi Ranjan served as Deputy Managing Director at the bank. In his new role, he will be responsible for critical portfolios including Risk Management, Compliance, and the Stressed Assets Resolution Group, as stated in the bank’s regulatory filing.
Ravi Ranjan brings more than 30 years of experience in the banking sector. He joined State Bank of India as a Probationary Officer in 1991 and has since held several senior leadership positions across the organisation. His career reflects deep exposure to both domestic and international banking operations.
Ranjan’s previous roles include Deputy Managing Director in charge of Global Markets, Head of the Corporate Accounts Group, and Chief General Manager of the Chennai Circle, overseeing operations across Tamil Nadu and Puducherry. He has also served as President and Chief Operating Officer at SBI Capital Markets, where he played a key role in strengthening investment banking operations.
In addition, Ravi Ranjan has gained international experience through overseas assignments in Hong Kong and Los Angeles. During these tenures, he was involved in debt syndications and handled various aspects of global banking and financial markets.
With this appointment, State Bank of India reinforces its leadership structure at a time when risk management, regulatory compliance, and stressed asset resolution continue to remain key focus areas for the banking sector.
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