Current Affairs - Banking

Exercise : Banking - Latest Current Affairs
  • Banking - Latest Current Affairs
101.
Which bank has appointed Srikrishnan Harihara Sarma as MD and CEO?
Canara Bank
Yes Bank
Karnataka Bank
UCO Bank
Answer: Option
Explanation:
Private sector Karnataka Bank announced the appointment of Srikrishnan Hari Hara Sarma, former Jio Payments Bank head, as the Managing Director and CEO for three years.

102.
The Reserve Bank of India has recently approved the merger of which two banks?
Maratha Sahakari Bank & The Cosmos Co-operative Bank
Maratha Sahakari Bank & The Bandhan Bank
Maratha Sahakari Bank & The Saraswat Co-operative Bank
Maratha Sahakari Bank & The Bharat Co-operative Bank
Answer: Option
Explanation:
The Reserve Bank of India (RBI) has approved the voluntary Scheme of Amalgamation of Maratha Sahakari Bank with The Cosmos Co-operative Bank. The merger is set to take effect from May 29, 2023, as announced by the RBI.

103.
Which bank has partnered with Manipal Global to establish a talent pipeline?
HDFC Bank
ICICI Bank
SBI Bank
PNB Bank
Answer: Option
Explanation:
HDFC Bank, one of India’s premier private sector lenders, has announced a strategic partnership with Manipal Global Skills Academy to launch the Leadership Excellence Program (LXP).

104.
Which bank has appointed Jayakumar S. Pillai as Deputy Managing Director?
IDBI Bank
Union Bank
Andhra Bank
Axis Bank
Answer: Option
Explanation:
The Board of Directors of IDBI Bank approved the appointment of Jayakumar S. Pillai as Deputy Managing Director on the Bank’s Board for a tenure of 3 years.

105.
Which bank has launched the digital onboarding platform 'Sarathi'?
State Bank of India
Yes Bank
Canara Bank
Axis Bank
Answer: Option
Explanation:
Axis Bank has launched 'Sarathi,' a digital onboarding journey to enable Electronic Data Capture or Point of Sale (POS) for merchants.