Now, candidates from private sector can apply for the post of Managing Director in State Bank of India and for Managing Director-cum-Chief Executive Officer in any of 11 public sector banks. The Cabinet Committee on Appointment (ACC) has approved the changes in the guidelines.According to new set of guidelines, made public by Financial Services Department, out of four positions of Managing Director in SBI, one position has been opened for private sector candidates and persons working in public sector financ ...