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India opens SBI's top job to outsiders for first time to boost merit and modern governance.
The Indian government has opened the Managing Director position at State Bank of India to private-sector professionals for the first time, aiming to bring merit-based hiring, transparency, and modern governance to public-sector banking.
This reform marks a shift from traditional internal appointments, allowing external candidates to compete for top leadership roles, with the goal of improving performance and aligning practices with global standards.
The move could set a precedent for other public-sector banks.
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India abre el puesto superior de SBI a los extranjeros por primera vez para impulsar el mérito y la gobernanza moderna.