City
Epaper

Andhra appoints former SBI chief Rajnish Kumar as economic advisor

By IANS | Updated: September 7, 2021 12:05 IST

Amaravati, Sep 7 The Andhra Pradesh government has appointed Rajnish Kumar as its economic advisor. A former SBI ...

Open in App

Amaravati, Sep 7 The Andhra Pradesh government has appointed Rajnish Kumar as its economic advisor. A former SBI chairman, Rajnish Kumar's tenure in the cabinet rank position is for two years.

The appointment comes amid the growing concerns over the state's financial situation which has been badly hit by the Covid pandemic, even as the opposition has been critical over the sops and freebies being distributed by the Y.S. Jagan Mohan Reddy-led state government.

Rajnish Kumar's appointment on Monday is expected to help the state government steer through the financially tough juncture.

Rajnish Kumar who had retired as SBI chairman in October 2006, is an independent non-executive director at the HongKong and Shanghai Banking Corporation.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: YS Jagan Mohan ReddysbiRajnish Kumar
Open in App

Related Stories

TechnologyUPI Down? SBI Customers Face Outage During Online Transactions

NationalBank Strike on January 27, 2026: Are Banks Closed Today and Why?

NationalSBI Job Hiring News: SCO Recruitment Process Begins; Apply Till December 23 — Know How to Apply and Other Details

BusinessAnil Ambani's Reliance Power and Reliance Infra Shares Price Drop After Bombay High Court Denies Personal Hearing In SBI Fraud Case

NationalVijayapura Bank Robbery: Masked Thieves Loot 12–13 Kg Gold and Rs 1 Crore Cash From SBI Branch in Karnataka

Politics Realted Stories

PoliticsRajya Sabha Chairman, Lok Sabha Speaker reject opposition notices seeking removal of CEC Gyanesh Kumar

PoliticsStrong booth network is party's real strength: BJP leader Sanjay Tandon

PoliticsBaramati not just constituency, but Dada's heartbeat; every Baramatikar matters: Sunetra Ajit Pawar

Politics"No development in state for past 10 years": Priyanka Gandhi targets Pinarayi Vijayan ahead of Keralam assembly polls

PoliticsAndhra Pradesh emerging as dynamic hub for industrial development: Governor Abdul Nazeer