CURRENT AFFAIRS

Detailed explanation-1: -Expressing his excitement on the role, Inderjit Camotra, MD & CEO, Unity Bank said, “Starting a Bank from scratch is an exciting and challenging task.

Detailed explanation-2: -Unity Small Finance Bank (USFB) has appointed Inderjit Camotra, as its Managing Director & Chief Executive Officer. The Bank, in a statement, said: “His appointment has been approved by the Reserve Bank of India (RBI) and Unity Bank’s Board.”r Prior to this appointment he was interim CEO of the Bank.

Detailed explanation-3: -PN Vasudevan, MD & CEO, Equitas Small Finance Bank.

Detailed explanation-4: -Unity Small Finance Bank is currently owned by a consortium of Centrum Financial Services and fintech BharatPe’s parent, Resilient Innovations, with the latter holding 49%. Centrum Financial was granted a small finance bank licence by Reserve Bank of India in November 2021.

Detailed explanation-5: -Directors of Unity Small Finance Bank Limited are Basant Seth, Vinod Rai, Renu Basu, Sandip Ghose, David Paul Rasquinha, Subhash Gundappa Kutte, Camotra Singh Inderjit, . Unity Small Finance Bank Limited’s Corporate Identification Number is (CIN) U65990DL2021PLC385568 and its registration number is 385568.