2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Axis Bank
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Yes Bank
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KVB Bank
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HDFC Bank
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Detailed explanation-1: -New Delhi, Jul 12 (PTI) Axis Bank on Tuesday said Reserve Bank of India (RBI) has approved the reappointment of Rakesh Makhija as the Non-Executive Chairman till October 2023.
Detailed explanation-2: -Rakesh Makhija, the independent director was appointed as the non-executive (part-time) chairman of the axis bank, for a period of 3 years, with effect from July 18, 2019, up to July 17, 2022.
Detailed explanation-3: -To recommend the selection and appointment of Board of Directors in Nationalised Banks, Financial Institutions and Public Sector Insurance Companies (Whole Time Directors and Chairman);
Detailed explanation-4: -While the appointments are made by the appointment committee of the cabinet headed by the Prime Minister, the candidates are selected by a Financial Services Institutions Bureau – a body set up under the department of financial services, which replaced the Banks Board Bureau.