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In December 2020, the RBI has approved the appointment of whom as the part-time chairman of Kotak Mahindra Bank?

In December 2020, the RBI has approved the appointment of whom as the part-time chairman of Kotak Mahindra Bank? Correct Answer Prakash Apte

The correct answer is Prakash Apte.

  • The RBI has approved the re-appointment of Uday Kotak as managing director of the Kotak Mahindra Bank for a further period of three years.
  • The banking sector regulator also approved the appointment of part-time chairman Prakash Apte for three years.
  • Kotak is the founder managing director and promoter of the bank.

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