G. G. Vaidya

He has one son, Ashish Vaidya, who like him is also a banker, having worked for HDFC Bank. Ashish Vaidya is currently Head of Trading at the Swiss Bank UBS.^[3]

He joined the State Bank of India as a probationary officer and served in a number of roles until finally becoming the Chairman of State Bank of India in 1999.^[4]

He served as the nineteenth Chairman of State Bank of India from 1 February 1999 until 31 October 2000.^[1][2]

It has been claimed that he was largely responsible for the bank's adoption of new technology, primarily the core banking solution known as CBS:^[5]

It was during G.G. Vaidya's tenure that the bank began harnessing technology to streamline operations. In early 2000, the bank laid the foundation of core banking solution (CBS). A CBS allows customers to operate their bank account from anywhere and anytime. The actual implementation started in 2003 during Purwar's tenure and completed in July 2008 when Bhatt was the bank's chairman.