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SBI Announces Senior Management Change as Deputy MD Binod Kumar Mishra Superannuates

State Bank of India announces the superannuation of Deputy Managing Director Binod Kumar Mishra from senior management effective August 31, 2026.
SBI Announces Senior Management Change as Deputy MD Binod Kumar Mishra Superannuates

Mumbai, August 31, 2026: State Bank of India (SBI) has announced a change in its senior management following the superannuation of Shri Binod Kumar Mishra, Deputy Managing Director (Special Projects - OPR).

According to the regulatory disclosure, Mishra will retire from the services of the bank at the close of business hours on August 31, 2026.

Binod Kumar Mishra to Superannuate

The development has been disclosed by SBI under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, relating to changes in senior management.

Mishra was serving as Deputy Managing Director with responsibility for Special Projects - OPR. His superannuation marks a senior-level management transition at India's largest public sector bank.

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SBI Regulatory Filing

The disclosure was issued by SBI on August 31, 2026, and submitted to both BSE Limited and the National Stock Exchange of India.

The filing was signed by Aruna N. Dak, DGM (Compliance & Company Secretary).

What Happens Next?

The retirement is effective at the end of business hours on August 31. Any subsequent appointment or allocation of responsibilities for the position would be communicated by the bank through the appropriate regulatory disclosures.

The development is part of the normal leadership and senior-management transition process at SBI.

 

SBI in Focus

SBI continues to remain one of India's largest banking institutions, with its senior-management decisions closely watched by investors and the broader financial market.

The latest disclosure is therefore significant from a corporate governance and management-transition perspective.

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