2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bandhan Bank
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Ujjivan Small Finance Bank
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ESAF Small Finance Bank
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Kotak Mahindra Bank
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Detailed explanation-1: -State Bank of India (SBI) has appointed former Ujjivan Small Finance Bank CEO Nitin Chugh as Deputy Managing Director (DMD) to drive digital banking operations. He has been appointed for an initial term of three years, sources said.
Detailed explanation-2: -Dpty Mng Dir/Head:Digital Banking, State Bank of India.
Detailed explanation-3: -Nitin Chugh is a seasoned banker and a digital banking expert with an experience of nearly 3 decades. Prior to joining SBI he was serving Ujjivan Small Finance Bank as MD & CEO. He also had a long and impactful stint of 18 years at HDFC Bank where he managed several leadership roles in retail banking.
Detailed explanation-4: -Apart from a post-graduate degree in management, Chugh holds a BTech degree in Electrical and Computer Science from NIT, Kurukshetra. The number of SBI’s customers using internet banking and mobile banking stand at 97 million and 45 million, respectively, the bank said in the release.