Challa Sreenivasulu Setty in reserve list of SBI Chairman

Game in SBI is not over. After suggesting Dinesh Kumar Khara's name for the SBI Chairman, the Banks Board Bureau, has kept Challa Sreenivasulu Setty's name in the waitlist. It means that in case of any eventualities, the Bank Bureau is ready with second in command. Is this is a procedural protocol to avoid hasty hunting for the right candidate in case of untoward incidents. Top sources, however, said that never in the past the BBB announced the name of the selected candidate for Chairman’s post.