CURRENT AFFAIRS

Detailed explanation-1: -RBI approves appointment of R Subramaniakumar as MD & CEO of RBL Bank.

Detailed explanation-2: -R Subramaniakumar has over four decades of experience across banking verticals and has held board level positions for around five years including on the Board of Overseas JV Bank. His banking career began in 1980 with public lender Punjab National Bank (PNB) and has worked in positions like front desk, General Manager.

Detailed explanation-3: -Who is R Subramaniakumar? Subramaniakumar, whose appointment came nearly six months after RBL Bank’s long-term MD and CEO Vishwavir Ahuja had stepped down In December 2021, has been appointed to helm RBL for three years from the date of taking charge.