2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who is the Managing Director and CEO of Lakshmi Vilas Bank who gets the extension of tenure by 6 months from May 31, 2020 to November 30, 2020?
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Usha Ananthasubramanian
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Subramanian Sundar
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Sandeep Bakhshi
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Rakesh Sharma
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Explanation:
Detailed explanation-1: -On June 1, 2020, The Reserve Bank of India (RBI) approved the extension of tenure for Lakshmi Vilas Bank (LVB) Managing Director (MD) and Chief Executive Officer (CEO), Subramanian Sundar by 6 months from May 31, 2020 to November 30, 2020.
Detailed explanation-2: -All the branches of the Lakshmi Vilas Bank will function as branches of DBS Bank India from November 27.
Detailed explanation-3: -DBS Bank India migrates to new IFSC, MICR codes of Lakshmi Vilas Bank: Get new codes here.
Detailed explanation-4: -Lakshmi Vilas Bank (Corporate Office) in Guindy, Chennai.
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