Latest Digital Banking & Transformation News & Updates

State Bank of India Relieves Nitin Chugh from Deputy Managing Director Role

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Mumbai, March 2 (IANS) State Bank of India (SBI) on Monday announced that Nitin Chugh has been relieved from his role as Deputy Managing Director and Head of Digital Banking & Transformation with effect from March 2, 2026.In a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the bank said Chugh’s contractual tenure was scheduled to end on March 3, 2026.However, as March 3 is a public holiday, he was relieved from his dut…