State Bank of India announced the appointment of Saloni Narayan as Deputy Managing Director (Finance) of the Bank. Smt. Saloni Narayan, Deputy Managing Director, State Bank of lndia, joined the Bank as a Probationary Officer in the year 1988 and has been appointed as Deputy Managing Director (Finance) on 07th June,2022.

Prior to this, she has handled the portfolio of Deputy Managing Director (Retail Business) and Deputy Managing Director (Chief Operating Officer). She was looking after the various Business Units in Retail & Digital Banking Vertical, such as Personal Banking, Real Estate & Housing, SME and Wealth Management. She also oversaw the functioning of Credit Monitoring and Customer Value Enhancement Departments.

ln the earlier assignment as DMD (COO), in addition to the above areas, she handled Operations Department in Retail& DigitalBanking Vertical. As Deputy Managing Director (Retail Business), Smt. Narayan led all businesses related to individual, namely Personal Banking, Real Estate & Housing and Wealth Management.

She was responsible for driving business not only through the traditional branch channel, but also through digital channels and has been expanding business through multiple journeys on the Bank's mobile app - YONO. She focused her attention on improving customer engagement through offering a broader set of financial products (such as life & non-life insurance, credit cards, mutual fund investments). ln the last few years, she has focused on controlling slippages to improve asset quality of the retail portfolio.

ln a career spanning over 33 years, she has handled multiple areas of Banking and has served at different centres in the country. After serving in various capacities in Patna Circle, she took over as DGM in SME Department at Corporate Centre of the Bank. Subsequenfly, she became General Manager (Network ll) in Mumbai circle.

Before her elevation to the grade of Deputy Managing Director, she was serving as Chief General Manager in Lucknow Circle.