G. G. Vaidya was an Indian career banker who served as the nineteenth Chairman of State Bank of India.
[4] He served as the nineteenth Chairman of State Bank of India from 1 February 1999 until 31 October 2000.
Vaidya's tenure that the bank began harnessing technology to streamline operations.
The actual implementation started in 2003 during Purwar's tenure and completed in July 2008 when Bhatt was the bank's chairman.He was responsible for a number of financial innovations being introduced to the Indian Banking Industry during his tenure.
The objective of the bonds was to raise deposits from non-resident Indians for the purpose of contributing funds towards India's infrastructure and growth.