Ex SBI Chief Dinesh Kumar Khara Joins Truhome Finance as Chairperson

Mortgage lender Truhome Finance has appointed former Dinesh Kumar Khara as its chairperson for a 5-year term.  

The appointment was announced through an exchange filing. Khara will serve in a non-executive capacity. The change is effective from the date mentioned in the filing, subject to statutory requirements. 

About Truhome Finance 

Truhome Finance operates in the housing finance segment, offering home loans to individual borrowers. The company functions in a sector where lending is typically long-term and closely regulated. 

Housing finance firms are required to maintain capital adequacy, asset quality and compliance standards. Board oversight plays a role in policy decisions and regulatory alignment. 

Khara’s Role at State Bank of India 

Khara previously served as chairman of State Bank of India, India’s largest public sector bank. During his tenure, SBI completed the merger of 5 associate banks. The consolidation also included Bharatiya Mahila Bank.  

The merger, completed in 2017, involved the integration of branches, staff and banking systems. 

Other Positions Held Within SBI 

Before becoming chairman, Khara held several senior positions within the SBI group. He served as managing director overseeing global banking operations and subsidiaries. He was also chief executive officer of SBI Mutual Fund. The asset management arm handles equity, debt and hybrid investment schemes. 

Experience Across Internal Functions 

Khara also led key internal functions at SBI. These included risk management, information technology and compliance. Such functions are central to monitoring credit exposure, systems stability and regulatory reporting. They form part of routine oversight in large financial institutions. 

Read More: Adani Ports Share Price in Focus; Appoints Sreedhar Krishna Menon as New CFO from March 1! 

Conclusion 

The appointment of Dinesh Kumar Khara adds a former public sector bank chairman to Truhome Finance’s board. The change shows a routine leadership update disclosed through regulatory channels. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.