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Discussion :: Persons - Latest Current Affairs (Q.No.129)

129. 

RBI Approved Sashidhar Jagdishan as Next MD & CEO of which ofthe following Bank?

[A]. Karnataka Bank
[B]. HDFC Bank
[C]. ICICI Bank
[D]. Syndicate Bank

Answer: Option B

Explanation:

The Reserve Bank of India(RBI) has approved Sashidhar Jagdishan as the next Managing Director(MD) and Chief Executive Officer(CEO) of HDFC Bank for a period of 3 years, effective from October 27, 2020 under Section 35B of the Banking Regulation Act 1949. He will succeed Aditya Puri, the bank's longest serving CEO(26 years- since September 1994).

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