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<h1>Indian Administrative Service Officer Appointed as SIDBI Chairman & Managing Director for Three-Year Deputation Term.</h1> An individual from the Indian Administrative Service, currently serving as Principal Secretary in the Finance Department of the Government of Maharashtra, has been appointed as the Chairman and Managing Director of the Small Industries Development Bank of India (SIDBI). This appointment is on a deputation basis for a period of three years, commencing from the date the individual assumes the position.