Question

Which bank appointed N S Srinath as Non-Executive Chairman for a period of three years in March 2019?
Axis Bank
City Union Bank
Karur Vysya Bank
Kotak Mahindra Bank
Andhra Bank

Answer 1

Which bank appointed N S Srinath as Non-Executive Chairman for a period of three years in March 2019?

Axis Bank is the answer

Answer 2

Answer:

Karur Vysya Bank has appointed N S Srinath as Non-Executive Chairman for a period of three years in March 2019.

Explanation:

On March 25, 2019 Association of Karur Vysya Bank Ltd in a meeting appointed Shri N. S. Srinath as the Non-Executive (Part-time) Chairman of the Bank, for duration of three years.

He was appointed on the terms and conditions including remuneration subject to the permission of the Reserve Bank of India and the Shareholders of the Bank.

Srinath had earlier served as an executive director on the board of Bank of Baroda and superannuated on May 31, 2012.