![SBI_MD_Sriram_Resigns](https://currentaffairs.freejobalert.com/wp-content/uploads/2018/06/SBI_MD_Sriram_Resigns-300x200.jpg)
SBI managing director B Sriram has resigned from the country’s largest lender after his appointment as chief executive of IDBI Bank. The development assumes significance amid reports that insurance behemoth LIC is mulling acquiring a majority stake in the debt-ridden state-owned bank.