Who has been reappointed as the MD & CEO of IndusInd Bank for a three-year term from March 24, 2025 to March 23, 2028?

S. Sridhar

Ramesh Iyer

Sumant Kathpalia

Arundhati Bhattacharya

Correct Answer : Sumant Kathpalia

Sumant Kathpalia has been reappointed as the Managing Director and Chief Executive Officer (MD & CEO) of IndusInd Bank for a three-year term from March 24, 2025, to March 23, 2028, pending approvals from the Reserve Bank of India (RBI) and shareholders.

Since joining IndusInd Bank in 2007, Kathpalia has played a crucial role in the bank’s turnaround and growth, implementing effective strategies in financial management, investor relations, and digitization. His extensive 36-year banking experience includes significant positions at Citibank, Bank of America, and ABN AMRO.

Published On : October 1, 2024

Recently Updated Current Affairs

Q .

Which state/UT had the highest percentage of women electors in the 2024 Lok Sabha Elections?

Kerala

Tamil Nadu

Puducherry

Andhra Pradesh

Correct Answer : Option (C) - Puducherry

* Puducherry led the nation with 53.03% women electors in the 2024 Lok Sabha Elections, making it the state/UT with the highest percentage of women electors.

* This significant milestone highlights the territory's efforts towards promoting inclusivity and gender equality in the electoral process.

* The achievement is particularly notable, considering the overall increase in female electors and their participation in the elections.

Published On : December 31, 2024

Q .

Which country's parliament impeached Acting President Han Duck-soo on December 27, 2024?

Laos

Japan

Thailand

South Korea

Correct Answer : Option (D) - South Korea

* South Korea's parliament impeached Acting President Han Duck-soo on December 27, 2024, amid growing dissatisfaction over his refusal to appoint three judges to the Constitutional Court.

* This event followed the impeachment of President Yoon Suk Yeol on December 14, 2024, after he briefly imposed martial law.

* The impeachment of Han marked a historic moment as it was the first time an acting president in South Korea was impeached.

* The political crisis significantly impacted the country, contributing to economic instability, with the Korean won reaching its lowest value in nearly 16 years.

Published On : December 31, 2024

Q .

Where is the Kagyed Dance Festival, a significant Buddhist celebration, prominently held?

Ladakh

Sikkim

Himachal Pradesh

Arunachal Pradesh

Correct Answer : Option (B) - Sikkim

* The Kagyed Dance Festival is a major Buddhist celebration in Sikkim, held annually at Tsuklakhang Palace in Gangtok.

* Featuring traditional Cham dances performed by masked monks, the festival symbolizes the destruction of evil forces and the welcoming of peace and prosperity.

* Rooted in Tibetan Buddhism, it attracts locals and tourists alike, showcasing Sikkim's rich cultural and spiritual heritage.