BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the present MD and CEO of Syndicate Bank?
A
Ajay Vipin Nanavati
B
Sandeep Bakshi
C
Mrutyunjay Mahapatra
D
Sanjeev Nautiyal
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.

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