Editorial With Sujit Nair | Electoral Bonds: Employees Federation Demands SBI Chairman To Resign

HW News Editorial with Sujit Nair

In this episode of ""Editorial,"" Mr. Sujit Nair discusses the Maharashtra State Bank Employees Federation's call for the resignation of SBI Chairman Dinesh Khera. The federation is demanding Khera's resignation due to his submission to the Supreme Court requesting an extension until June 2024 to provide information on electoral bonds, citing the time-consuming nature of the process. According to the federation, Khera's actions have tarnished the reputation of the bank, especially in light of the Supreme Court's remarks on the matter, despite Khera receiving an extension just before his retirement. “This has resulted in damage to the image of the bank and has shaken the credibility of the bank on transparency and corporate governance and thus SBI Chairman should step down,” said Devidas Tuljapurkar, General Secretary, Maharashtra State Bank Employees Federation. “It is not known as to whether he has taken this position at his own or has taken the board of Directors into confidence wherein government & RBI nominee also should clarify their position on record,” he said.