Ravi Ranjan has been appointed as the new Managing Director of the State Bank of India (SBI) with effect from December 15, 2025. He has assumed charge following the completion of tenure of Vinay M. Tonse, who demitted office on November 30, 2025. The appointment has been approved by the Government of India.
Under the provisions of the State Bank of India Act, 1955, Ravi Ranjan will hold the post until his superannuation in September 2028.
Notably, his name was recommended by the Financial Services Institutions Bureau (FSIB) after a selection process in which nine candidates were interviewed on September 11, 2025.
Prior to this elevation, Ravi Ranjan was serving as Deputy Managing Director at SBI. As Managing Director, he will be responsible for overseeing key verticals including risk management, compliance, and stressed asset resolution.
A career banker with over three decades of experience, Ravi Ranjan joined SBI in 1991 and has held several senior leadership roles across major functional areas such as corporate banking and global markets.
Also Read: FSIB recommends Ravi Ranjan as SBI Managing Director
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