CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Recently, Rajkiran Rai G has been appointed as new Managing Director & CEO of which of the following bank?
A
Union Bank of India
B
Canara Bank
C
Syndicate Bank
D
Central Bank of India
Explanation: 

Detailed explanation-1: -Rajkiran Rai G is new MD of National Bank for Financing Infrastructure and Development. Announced in Budget 2021, NaBFID is a special development financial institution for infrastructure financing.

Detailed explanation-2: -Who has been appointed as the Managing Director (MD) of NaBFID? Notes: Rajkiran Rai G has been appointed as the Managing Director (MD) of National Bank for Financing Infrastructure and Development (NaBFID) has appointed Rajkiran Rai G as its managing director (MD) for nearly five years.

Detailed explanation-3: -The managing director and chief executive officer of India’s National Bank for Financing Infrastructure Development (NaBFID), Rajkiran Rai G, said on Wednesday that the institution may begin disbursing loans from the current financial year (FY23).

Detailed explanation-4: -NaBFID-All India Financial Institution (AIFI) Accordingly, NaBFID has been set up as a Development Financial Institution (DFI) to support the development of long-term infrastructure financing in India.

There is 1 question to complete.