While it would appear to be unprecedented for a chairman to be part of a panel to be interviewed for the position he already holds, it may, according to people familiar with the situation, send a message that the government prefers tried and tested hands in key positions instead of risking a new leader at a time when the financial system is facing unprecedented crises.
from Banking/Finance-Industry-Economic Times
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Saturday 8 August 2020
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SBI chief, three MDs asked to interview for bank's top job; signs point to Rajnish extension
SBI chief, three MDs asked to interview for bank's top job; signs point to Rajnish extension
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