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Appointments on 16th December 2020

Published on December 16, 2020
Current Context: Nagendraa Parakh: He is appointed to head the newly formed department called as Corporation Finance Investigation Department (CFID) setup by SEBI (Securities and Exchange Board
Appointments on 16th December 2020
of India). The department is set up to check promoter frauds. Currently, Nagendraa Parakh (Executive Director of SEBI) is heading Market Intermediaries Regulation and Supervision Department (MIRSD).
  • Static Part: 
    • HQ of SEBI: Mumbai
    • Chairman of SEBI: Ajay Tyagi
  • Uday Kotak: He is reappointed by RBI to be the MD and CEO of Kotak Mahindra Bank for a tenure of three years.
  • Static Part: 
    • HQ of Kotak Mahindra Bank: Mumbai
    • Tagline of Kotak Mahindra Bank: Let’s Make Money Simple
  • Prakash Apte: He is appointed as part-time Chairman of Kotak Mahindra Bank. 
  • Dipak Gupta: He is appointed as Joint MD of Kotak Mahindra Bank. 


Q.1 Who among the following is appointed to head the newly formed Corporation Finance Investigation Department (CFID) of SEBI?
a. G. Mahalingam
b. Nagendraa Parakh
c. SK Mohanty
d. Ananta Barua

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