BANKING AFFAIRS

Detailed explanation-1: -The Government of India has appointed P V Bharathi as Managing Director and CEO of Corporation Bank.

Detailed explanation-2: -New Delhi: P V Bharathi has been appointed as managing director and chief executive officer of the Corporation Bank, according to an order issued by the Personnel Ministry on Monday.

Detailed explanation-3: -4/4/2021-BO. I dated 16.01. 2023 has extended the term of office of Shri Sanjiv Chadha (date of birth: 25.6. 1963) as Managing Director and Chief Executive Officer (MD&CEO), Bank of Baroda for a further period beyond his currently notified period of appointment of three years that expires on 19.01.

Detailed explanation-4: -The Government of India recently announced the appointment of Shri K Satyanarayana Raju as the new Managing Director and CEO of Canara Bank. Shri L V Prabhakar has been replaced, and he left the office on 31st December 2022. Shri. K Satyanarayana Raju will begin the new role on 7th February 2023.

Detailed explanation-5: -State-owned Canara Bank on Tuesday said the Union Government has appointed K Satyanarayana Raju as its Managing Director and CEO, with immediate effect. He will be replacing L V Prabhakar who demitted office on December 31, 2022.