Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 934)
934.
As per the latest instruction issued by RBI, what is the cap imposed on the tenure that an incumbent MD/CEO or a Whole-time Director of a private sector bank can have?
12 years
10 years
15 years
20 years
Answer: Option
Explanation:
The Reserve Bank of India (RBI) has capped the tenure of Managing Director and Chief Executive (MD & CEO) of commercial banks to 15 years.
Discussion:
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