CURRENT AFFAIRS

Detailed explanation-1: -Ujjivan Small Finance Bank (SFB ) announced on December 9 that the Reserve Bank of India (RBI) has approved Ittira Davis’ reappointment as managing director and chief executive officer for another two years. Davis has been working with Ujjivan since March of 2015.

Detailed explanation-2: -Ittira Davis as MD and CEO of Ujjivan Small Finance Bank. CHENNAI: Ujjivan Small Finance Bank has received approval from the Reserve Bank of India to re-appoint Mr. Ittira Davis as its Managing Director & CEO for two years, starting January 14, 2023.

Detailed explanation-3: -"Ittira Davis is a senior banker with over 40 years of rich experience having worked extensively in India, Middle East and Europe, ” the company said in a filing.

Detailed explanation-4: -The Reserve Bank of India (RBI) has approved the appointment of Ittira Davis as the managing director and chief executive officer (MD & CEO) of Ujjivan Small Finance Bank (SFB) for a one-year term effective January 14.