- Financial Services Institution's bureau ( FSIB) recommended Rajkiran Rai G as the MD of the newly formed NaBFID.
- Rajkiran Rai G completed his term as managing director and CEO of public sector lender Union Bank of India in May this year.
- This is the first selection made by FSIB after its formation on July 1, 2022.
- According to the NaBFID act 2021, it will have one MD and more than three DMDs.
- The government has granted Rs.5000 cr and Rs.20,000 equity capital for NaBFID.
- Static Knowledge:
- NaBFID chairman – K.V Kamath
Question:
Q.1 Who has been named to be the managing director of NaBFID?
a. Dinesh Kumar Khara
b. Rajkiran Rai
c. Atanu Kumar Das
d. Mallikarjuna Rao
a. Dinesh Kumar Khara
b. Rajkiran Rai
c. Atanu Kumar Das
d. Mallikarjuna Rao
