India, June 1 -- The Banks Board Bureau (BBB) on Saturday recommended names of Ashwini Bhatia, M V Rao and P P Sengupta for the post of managing director of three state-owned lenders -- State Bank of India, Central Bank of India and Indian Overseas Bank, respectively.
Bhatia is currently serving as deputy managing director (DMD) at SBI, while Rao is executive director with Canara Bank.
The bureau members interfaced with 20 candidates from nationalised banks on May 30 for the position of managing director in State Bank of India and the position of MD and CEO of Indian Overseas Bank and Central Bank of India, an official statement said.
Bhatia will be appointed in place of P K Gupta who superannuated on March 31, while Rao will replace Cent...