BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Paytm Payments Bank has appointed veteran banker____as Managing Director and CEO.
A
Amitabh Chaudhry
B
Satish Kumar Gupta
C
Renu Satti
D
Sandeep Bakhshi
Explanation: 

Detailed explanation-1: -Our associate Paytm Payments Bank has received the Reserve Bank of India’s approval to appoint veteran banker Mr. Surinder Chawla as its new Managing Director (MD) and Chief Executive Officer (CEO). The appointment has been approved by the Reserve Bank of India for a period of three years.

Detailed explanation-2: -Overview. Satish Kumar Gupta is Managing Director & Chief Executive Officer of Paytm Payments Bank Limited. Head Office and Corporate Office. He was deputed to National Payments Corporation of India (NPCI), for creating the country’s own cards “RuPay”, which was launched in 2012.

Detailed explanation-3: -One 97 Communications on Sunday confirmed that RBI has approved the appointment of veteran banker Surinder Chawla as the new Managing Director (MD) and Chief Executive Officer (CEO) of India’s home-grown Paytm Payments Bank.

Detailed explanation-4: -Chawla will replace Paytm Payments Bank CEO Satish Kumar Gupta, who retires in October 2022, with Deepender Singh Rathore serving as the interim CEO.

There is 1 question to complete.