RBI approves appointment of Baldev Prakash as MD & CEO of J&K Bank
- The Reserve Bank of India has approved the appointment of Baldev Prakash as Managing Director and CEO of J&K Bank for a period of three years from the date of taking charge or April 10, 2022, whichever is earlier.
- The actual date of appointment of Baldev Prakash as MD & CEO of J&K Bank will be announced by the bank subsequently.
- Rajesh Kumar Chhibber is the present Chairman and Managing Director of J&K Bank. He assumed charge of the bank in June 2019.
- The government of Jammu & Kashmir holds a majority shareholding of 68.18% in the bank. The headquarters of J&K Bank is located in Srinagar.
Points to remember:
- Who is the MD and CEO of J&K bank?- Rajesh Kumar Chhibber
- RBI has approved the appointment of Baldev Prakash as Managing Director and CEO of which bank?
- Headquarters of J&K Bank?- Srinagar
- Stake of the government of Jammu & Kashmir in J&K Bank?- 68.18%
Source: economic times