BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the present Managing Director & CEO of Syndicate Bank?
A
Kamal Kishore Singhal
B
Vandana Kumari Jena
C
Ajay Vipin Nanavati
D
Mrutyunjay Mahapatra
Explanation: 

Detailed explanation-1: -Mrutyunjay Mahapatra is the managing director and CEO of India’s Syndicate Bank, one of the major commercial banks in India, founded in 1925.

Detailed explanation-2: -It was founded by Upendra Ananth Pai, T. M. A. Pai and Vaman Srinivas Kudva. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The bank, along with 13 major commercial banks of India, was nationalised on 19 July 1969, by the government of India.

Detailed explanation-3: -Syndicate Bank was founded in 1925 under the name ‘Canara Industrial and Banking Syndicate’ in Udupi, Karnataka with seed capital of Rs. 8000. It was established by three visionaries Sri Upendra Ananth Pai, a businessman, Sri Vaman Kudva, an engineer and Dr.

Detailed explanation-4: -Shri Dinesh Kumar Khara, Chairman 1.

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