SBI promotes 8 officials as deputy managing directors effective April 21

State Bank of India (SBI),  a public sector banking and financial services statutory body, said on Tuesday, April 21, it has promoted eight senior officials to the position of deputy managing director with effect from April 21, 2026, as part of changes in its senior management.

The appointments were disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The officials elevated to the role include:

Sl. No.	Name
1	Amit Verma
2	Debasish Mishra
3	Dipak Kumar De
4	Niraj Kumar Panda
5	Ratna Teja Dinakara Akella
6	Sahadevan Radhakrishnan
7	Sukhvinder Kaur Ganesh
8	Varinder Khanna

The bank had reported a strong performance for the December quarter (Q3FY26), supported by higher interest income, robust loan growth and better asset quality.

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The bank had posted a standalone net profit of ₹21,028 crore in Q3FY26, up 24.49% YoY from ₹16,891 crore in Q3FY25. Operating profit rose 39.54% YoY to ₹32,862 crore.

Ahead of the development State Bank of India/span> shares closed at ₹1,111.70, up ₹3.85 or 0.35% on April 21, reflecting modest gains in line with broader market trends.

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