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Who has been reappointed as the MD & CEO of the Federal Bank, w.e.f. September 23, 2020, till September 22, 2021?

Who has been reappointed as the MD & CEO of the Federal Bank, w.e.f. September 23, 2020, till September 22, 2021? Correct Answer Shyam Srinivasan

Option 2 is correct i.e. Shyam Srinivasan.

  • RBI has approved the reappointment of Shyam Srinivasan as the MD & CEO of the Federal Bank, w.e.f. September 23, 2020, till September 22, 2021.
  • The bank received the approval on July 16, 2020.
  • The bank's net profit rose 4.3% to ₹401 crore year on year and 33% quarter on quarter.
  • The bank's net interest income rose 12.3% Y-O-Y to ₹1,296 crore in the quarter ended June 2020.

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