CURRENT AFFAIRS

Detailed explanation-1: -MS BHARATHI IS MD & CEO, ALLAHABAD BANK.

Detailed explanation-2: -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-3: -On account of the amalgamation of Allahabad Bank into Indian Bank the data bases of both the Banks are slated for merger on 13th and 14th February 2021.