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Piramal Finance Appoints Former SBI Chairman Dinesh Khara as Independent Director
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CNBC TV18•21-10-2026, 11:33
Piramal Finance Appoints Former SBI Chairman Dinesh Khara as Independent Director
- •Piramal Finance has appointed former State Bank of India chairman Dinesh Kumar Khara as an independent director for a five-year term starting October 19, 2026.
- •Khara served as SBI chairman from October 2020 to August 2024 and brings nearly four decades of banking experience, including corporate and international banking, risk management, and digital expansion.
- •During his tenure at SBI, he oversaw the merger of associate banks and Bharatiya Mahila Bank, as well as the growth of the digital platform YONO.
- •Piramal Finance reported assets under management of over ₹1.10 lakh crore and a customer base exceeding 6.5 million across 26 states as of September 30, 2026.
- •Chairman Anand Piramal noted that Khara's extensive experience in financial services will strongly contribute to the company's board as it expands its lending operations.
Key Questions Answered
Piramal Finance has appointed former State Bank of India chairman Dinesh Kumar Khara as an independent director for a five-year term starting October 19, 2026.
Dinesh Khara served as SBI chairman from October 2020 to August 2024 after a nearly four-decade career at the lender, which began as a probationary officer in 1984. During his tenure, he oversaw the merger of five associate banks and Bharatiya Mahila Bank, as well as the expansion of the YONO digital banking platform.
As of September 30, 2026, Piramal Finance reported assets under management exceeding ₹1.10 lakh crore and a customer base of over 6.5 million spread across 26 states.
