CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been re-appointed as MD & CEO of IndusInd Bank?
A
Sumant Kathpalia
B
UCO Bank
C
Yes Bank
D
Canara Bank
Explanation: 

Detailed explanation-1: -The bank has appointed Sumant Kathpalia as MD, CEO for a period of two years, with effect from 24 March, 2023. Private lender IndusInd Bank on Monday said that it’s board has reappointed Sumant Kathpalia as MD and CEO for a period of two years with effect from 24 March, 2023.

Detailed explanation-2: -Mr. Sumant Kathpalia-CEO IndusInd Bank | iBlogs.

Detailed explanation-3: -IndusInd International Holdings Ltd, an entity belonging to promoters Hinduja Group, have a 12.57% stake in the lender, while IndusInd Ltd has a 3.93% stake as per the company’s latest shareholding pattern available with the Indian stock exchange BSE.

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