2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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PNB
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ICICI
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HDFC
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YES Bank
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Detailed explanation-1: -Aditya Puri, who was HDFC Bank managing director and CEO for 26 years, retired on Monday from India’s largest private bank. Sashidhar Jagdishan has taken over the charge.
Detailed explanation-2: -The veteran banker today explained that the stake sale was nothing but part of an asset allocation strategy suited for a 70-year-old man. “My selling or buying shares has got nothing to do with what HDFC Bank does or cutting any umbilical cord, ” Puri said in an interview with ET Now.
Detailed explanation-3: -In August 2019 he was reported to be the most highly paid CEO of any Indian bank with a monthly salary of ₹89 lakh (US$110, 000). He officially stepped down from his position in HDFC Bank on 26 October 2020. Sashidhar Jagdishan took charge as the chief executive officer (CEO) of HDFC Bank from 27 October 2020.
Detailed explanation-4: -Sashidhar Jagdishan, the new CEO of HDFC Bank, has a lot to prove after succeeding the long-serving and well-regarded Aditya Puri.
Detailed explanation-5: -Aditya Puri, former MD of HDFC Bank, joins Strides Group as advisor - The Hindu BusinessLine.