Correct Answer : Option (B) - Meena Hemchandra
Private sector lender Karur Vysya Bank on Tuesday(12th July 2022) said the Reserve Bank of India (RBI) has approved the appointment of former RBI executive "Meena Hemchandra" as part-time chairman of the bank for three years.
In May, the bank had recommended Hemchandra's candidature for the position of non-executive independent (part-time) chairperson of the bank to the RBI for approval.
"We wish to inform...Reserve Bank of India vide their letter dated July 11, 2022, accorded their approval for the appointment of Meena Hemchandra as part-time chairman of the bank," Karur Vysya Bank said in a regulatory filing.
She is a career banker with over 35 years of banking experience in various departments of the RBI.
Hemchandra was the Executive Director of RBI from June 2015 to November 2017.
Source : Business Standard