Categories: Appointments

Ashwini Kumar Tewari becomes new MD & CEO of SBI Cards

SBI Cards and Payment Services has appointed Ashwini Kumar Tewari as its new Managing Director and chief executive officer. The new appointment will be valid for two years and his appointment will come into effect from August 1, 2020. He was nominated by parent State Bank of India for the position.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

Tewari’s appointment is followed by the resignation of present MD & CEO, Hardayal Prasad who decided to quit from the directorship of the company owing to his voluntary retirement from the State Bank of India.

Important takeaways for all competitive exams:

  • Chairman of State Bank of India: Rajnish Kumar.
  • Headquarters: Mumbai; Founded: 1 July 1955.

Find More Appointments Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which City is Known as the Science City of India? Know About It

India has many cities known for their unique identity, and some of them are famous…

27 mins ago

Fitch Ups India’s FY26 Growth Forecast to 7.4% Amid Strong Consumer Demand

Global credit rating agency Fitch Ratings has revised India’s GDP growth forecast for FY26 to…

41 mins ago

Asim Munir Formally Appointed Pakistan’s First Chief of Defence Forces

In a landmark shift in Pakistan’s military command structure, Field Marshal Asim Munir has been…

42 mins ago

Top 10 States with Smart City Projects in India (2025 Update)

India’s Smart Cities Mission (SCM), launched in 2015, is entering its final stretch with an…

1 hour ago

November 2025 Month Current Affairs PDF

Welcome to the November 2025 Edition of the Affairs PDF – your all-inclusive monthly guide to…

2 hours ago

RBI’s ₹1 Trillion OMO Purchase: What It Means and Why It Matters

The Reserve Bank of India (RBI) recently announced two major liquidity measures, a ₹1 trillion…

2 hours ago