BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Airtel Payments Bank has received requisite approvals from the Reserve Bank of India (RBI) to begin taking new customers. Who is the Managing Director and Chief Executive Officer of Airtel Payments Bank?
A
Renu Satti
B
Vijay Shekhar Sharma
C
Sunil Bharti Mittal
D
Anubrata Biswas
Explanation: 

Detailed explanation-1: -Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi. The company is a subsidiary of Bharti Airtel. On 5 January 2022, it was granted the scheduled bank status by Reserve Bank of India under second schedule of RBI Act, 1934.

Detailed explanation-2: -Anubrata Biswas, Airtel Payments Bank MD & CEO, speaks with YourStory on the board’s intent to spin off the unit as a separate entity and diversify its cap table ahead of an IPO that will be ‘sooner rather than later’.

Detailed explanation-3: -Mr. Anubrata Biswas is the MD & CEO of Airtel Payments Bank and an industry stalwart with over two decades of experience in banking and financial services sector.

Detailed explanation-4: -Q. Which payments bank has been granted the status of a Scheduled bank by the Reserve Bank of India (RBI)? Notes: The Reserve Bank of India (RBI) has recently granted the status of a scheduled bank to Airtel Payments Bank.

There is 1 question to complete.