BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the first chairperson and managing director of public sector Bharatiya Mahila Bank (BMB)?
A
Shilpa Phadnis
B
Usha Anantha Subramanian
C
Reeba Zachariah
D
Sudha Misra
Explanation: 

Detailed explanation-1: -The Centre has appointed Usha Ananthasubramanian as the first Chairman and Managing Director of the Bharatiya Mahila Bank, the country’s first all-woman bank. She is currently an executive director at Punjab National Bank, a leading public sector lender.

Detailed explanation-2: -Bharatiya Mahila Bank was wholly owned by Government of India. Initially the bank had a board of directors consisting of eight women. Mrs. Usha Ananthasubramanian was the chairman and managing director and SM Swathi was executive director.

Detailed explanation-3: -Executive director. Member of share transfer committee.

Detailed explanation-4: -USHA ANANTH-Chairman & Managing Director-Bharatiya Mahila Bank | LinkedIn.

Detailed explanation-5: -The first branch of Bharatiya Mahila Bank (BMB), India’s newest public sector bank, was inaugurated on November 19, 2013 by Prime Minister Manmohan Singh. The BMB will focus on lending predominantly to women, but there will be no restriction on account opening by men.

There is 1 question to complete.