1. Sankarshan Basu
  2. Ramanand Mundkur
  3. Ashok Kapoor
  4. Both 1 and 2
  5. All 1, 2 and 3
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1 Answers

Option 4 : Both 1 and 2

The correct answer is Sankarshan Basu and Ramanand Mundkur.

  • Federal Bank board has appointed Sankarshan Basu and Ramanand Mundkur as its additional non‑executive independent Directors.
  • With the new appointment, the private sector lender now has a 12 member board.
  • On 24 September 2021, the bank’s director K Balakrishnan had retired as independent Director after completing a 3-year term.
  • Ramanand has earlier worked with International Monetary Fund.
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