2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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IDFC First Bank
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IDBI Bank
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RBL Bank
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Axis Bank
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Detailed explanation-1: -RBI approves appointment of V Vaidyanathan as MD, CEO of IDFC First Bank - The Economic Times.
Detailed explanation-2: -The re-appoint is for three years. V Vaidyanathan, Managing Director & Chief Executive Officer, IDFC FIRST Bank.
Detailed explanation-3: -Mr. V. Vaidyanathan is the first Managing Director and CEO of IDFC FIRST Bank, a bank founded by the merger of Capital First and IDFC Bank in December 2018. With over two decades in financial services in India, V.
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.
Detailed explanation-5: -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);