Current Affairs - Persons - Discussion

Discussion :: Persons - Latest Current Affairs (Q.No.298)


The Reserve Bank of India approves the reappointment of Shyam Srinivasan as MD & CEO of Federal Bank for the period of;

[A]. 1 Year
[B]. 2 Years
[C]. 3 Years
[D]. 4 Years

Answer: Option A


The apex bank of the country, the Reserve Bank of India (RBI) approved the reappointment of Shyam Srinivasan, aged 57, as the Managing Director (MD) and Chief Executive Officer (CEO) of Federal Bank for another year with effect from September 23, 2019 until September 22, 2020. With this, he will serve the bank as the head for a decade (September 23, 2010-September 22, 2020).

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