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Who has been named as the CEO of the proposed bad bank- NARCL?
A)
S C Garg
B)
Padmakumar M Nair
C)
K Subramaniam
D)
Ajay Bhushan Pandey

Correct Answer :   Padmakumar M Nair


Padmakumar M Nair of State Bank of India (SBI) will be the Chief executive officer of National Asset Reconstruction Company (NARCL).
NARCL, also called as the ‘bad’ bank, is expected to be operational in June 2021. It is a proposed entity for taking over bad loans of lenders, predominantly public sector banks.

Published On : July 17, 2021
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