Mumbai: Finance minister P. Chidambaram has cleared the name of Arundhati Bhattacharya, managing director and chief financial officer of State Bank of India (SBI), for the post of chairman of the bank, according to two people familiar with the development. Bhattacharya’s name will be finalized for the SBI top job only after the appointments committee of the cabinet (ACC), headed by Prime Minister, gives its clearance. The announcement is likely by the end of this month. If indeed that happens, she will be State Bank’s first woman head....
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