2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Indian Overseas Bank
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Union Bank of India
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Indian Bank
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Karnataka Bank
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Detailed explanation-1: -Karnataka Bank gets RBI nod to reappoint Mahabaleshwara M S as MD and CEO for 3 years.
Detailed explanation-2: -Prashant Kumar’s appointment is subject to approval of shareholders.
Detailed explanation-3: -The RBL Bank had announced the appointment of veteran banker R Subramaniakumar as its new managing director (MD) and chief executive officer CEO after receiving a nod from the Reserve Bank of India (RBI).
Detailed explanation-4: -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-5: -Mahabaleshwara M S as Managing Director & CEO of the Bank for a period of three (3) years from the date of taking charge and on the remuneration and other perquisites mentioned hereunder: Sr. Particulars Description No. 1 Basic salary ‘42, 00, 000/- p.a. (‘3.50 lakh p.m.)