State Bank of India (SBI) has named Ram Mohan Rao Amara as its managing director for a three-year term. The position became vacant when C.S. Shetty was appointed Chairman of SBI, and his nomination was approved by the Appointments Committee of the Cabinet (ACC).The Financial Services Institutions Bureau (FSIB), which chose Amara from among nine applicants for the MD position, recommended the appointment. ..Read More