Dr. Kshatrapati Shivaji, IAS(MH:86), Principal Secretary(Expenditure), Finance Department, Government of Maharashtra has been appointed as Chairman and Managing Director, Small Industries Development Bank of India(SIDBI) on deputation basis for a period of three years from the date of his taking over the charge.

Deputation appointment of Dr. Kshatrapati Shivaji as Chairman and Managing Director of SIDBI on deputation. Appointment places Dr. Kshatrapati Shivaji, then Principal Secretary (Expenditure), on deputation to assume the role of Chairman and Managing Director of the Small Industries Development Bank, with the deputation limited to a fixed term commencing on the date he takes charge and defining the temporal scope for holding that corporate office.