Q1. Sumant Kathpalia was recently appointed as the Chief Executive of which bank?
[A] ICICI Bank
[B] HDFC Bank
[C] IndusInd Bank
[D] Kotak Mahindra Bank
Correct Answer: C [IndusInd Bank]
Notes:
Indian private sector lender IndusInd Bank recently announced that the Reserve Bank of India (RBI) has approved the appointment of Sumant Kathpalia as the Chief executive.
Sumant Kathpalia is currently serving as the head of Consumer banking business of the bank. He is to replace the incumbent Chief Executive Romesh Sobti and to take charge from 24 March, 2020 for three years.