State Bank of India appoints Ratna Teja Akella as Group Chief Risk Officer

0 min read     Updated on 06 Jun 2026, 10:42 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

State Bank of India has appointed Shri Ratna Teja Dinakara Akella as Group Chief Risk Officer while he continues as Deputy Managing Director. The appointment was disclosed on June 5, 2026, under Regulation 30 of SEBI (LODR) Regulations, 2015.

powered bylight_fuzz_icon
42193631

*this image is generated using AI for illustrative purposes only.

State Bank of India has appointed Shri Ratna Teja Dinakara Akella as the Group Chief Risk Officer to strengthen its risk management capabilities. He will continue to serve as the Deputy Managing Director while assuming these new responsibilities. The appointment is effective immediately, following the bank's internal administrative processes.

The disclosure was submitted to the stock exchanges on June 5, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was read in conjunction with clause 7 of Para A Part A of Schedule III of the regulations.

Senior Management Update

The following table details the key appointment:

Name Role
Shri Ratna Teja Dinakara Akella Deputy Managing Director & Group Chief Risk Officer

The filing was submitted by Aruna N. Dak, Deputy General Manager (Compliance & Company Secretary), on behalf of state bank of india . The disclosure was sent to both BSE Limited and the National Stock Exchange of India Limited.

Historical Stock Returns for State Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%+1.02%-8.49%+3.12%+21.23%+125.48%

How will this dual role impact SBI's risk management strategy in the context of rising global financial uncertainties?

What specific risk areas will Mr. Akella prioritize in his new capacity as Group Chief Risk Officer?

Could this appointment signal a shift in SBI's approach to regulatory compliance and internal controls?

State Bank of India cancels investor meetings scheduled for June 4

0 min read     Updated on 04 Jun 2026, 01:42 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

State Bank of India has cancelled its scheduled interactions with institutional investors and analysts that were set to take place on June 4, 2026. The decision to call off the meetings was communicated to the stock exchanges via a filing submitted on June 3, 2026.

powered bylight_fuzz_icon
42033123

*this image is generated using AI for illustrative purposes only.

State Bank of India has cancelled its scheduled interactions with institutional investors and analysts that were set to take place on June 4, 2026. The decision to call off the meetings was communicated to the stock exchanges via a filing submitted on June 3, 2026.

The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015, which governs disclosures of material events. The bank referenced a previous letter dated May 26, 2026, regarding the planned interaction, before notifying the exchanges of the cancellation.

Aruna N. Dak, the Deputy General Manager of Compliance and Company Secretary at State Bank of India, signed the disclosure. The communication was addressed to the Listing Departments of both BSE Limited and the National Stock Exchange of India Limited.

Historical Stock Returns for State Bank of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%+1.02%-8.49%+3.12%+21.23%+125.48%

What specific factors led to the cancellation of the investor meetings?

Will the meetings be rescheduled, and if so, what is the expected timeline?

How might this cancellation impact investor confidence in State Bank of India?

More News on State Bank of India

1 Year Returns:+21.23%