BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has appointed as the IDBI Bank’s CEO and Managing Director for a temporary period of three months?
A
Arjit Basu
B
Sandeep Bakhshi
C
B Sriram
D
Inder Jit Singh
Explanation: 

Detailed explanation-1: -B Sriram Managing Director of SBI appointed as the MD and CEO of IDBI Bank for a temporary period of three months.

Detailed explanation-2: -The correct answer is Rakesh Sharma. IDBI Bank’s board has approved the re-appointment of Rakesh Sharma as Managing Director and Chief Executive Officer of the company for a period of 3 years with effect from 19 March 2022. He started his banking career in the State Bank of India (SBI).

Detailed explanation-3: -The correct answer is the Banks Board Bureau.

Detailed explanation-4: -Term of Office Subject to the provision of the SBI Act, the Independent Director shall hold office for three years and shall be eligible for re-election. However, no such director shall hold office continuously for a period exceeding six years.

There is 1 question to complete.