Amara's appointment is for a period of three years, the bank said, adding the appointment was cleared by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi on Wednesday.In September, Amara was recommended for the position by the Financial Services Institutions Bureau (FSIB), headhunter for directors of state-owned banks and institutions. Amara's appointment is to fill the vacancy created by CS Setty, who became chairman. The FSIB had interviewed nine candidates for the post, FSIB said."Keeping in view their performance, overall experience and extant parameters, the bureau recommends Amara for the position of the MD in SBI."

Govt appoints Rama Mohan Rao as SBI MD

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.