♦ Ravi Ranjan was appointed as Managing Director (MD) of State Bank of India (SBI), with effect from 15 December 2025. The appointment was notified by the Department of Financial Services under the Ministry of Finance through a government notification.

♦ Ranjan replaced Managing Director Vinay M Tonse, whose term completed on November 30, 2025.

♦ Ranjan was previously serving as a deputy managing director at SBI.

♦ He will hold the position until he attains the age of superannuation on September 30, 2028, or until further orders, whichever is earlier.