SBI official in running for Indian bank job

INDIA - Vepa Kamesam, managing director of the State Bank of India (SBI), is likely to be appointed as deputy governor of the central bank next month, a senior banking source said on 4 June.

He will replace S.P.Talwar, a former commercial banker, who is set to retire on 30 June.

"The finance ministry has forwarded Kamesam's name. It has to be cleared by the prime minister's office and vigilance agencies before he is appointed," the source said.

SBI is India's largest commercial bank. The federal

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