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Baskar Babu re-appointment as MD and CEO of Suryoday Bank's

Published on December 29, 2022
Current Context: Baskar Babu Ramachandran has been reappointed by the Reserve Bank of India (RBI) as the Managing Director (MD) and Chief Executive Officer (CEO) of Suryoday Small Finance Bank (SFB) Limited for a new term of three years beginning on January 23, 2023.
Baskar Babu re-appointment as MD and CEO of Suryoday Bank's
  • The appointment has been approved by the RBI in accordance with Section 35B of the Banking Regulation Act of 1949.
  • Since January 23, 2017, Baskar Babu Ramachandran has served as the bank's MD and CEO. Ganesh Rao, V. L. Ramakrishnan, and co-founded Suryoday Micro Finance Private Limited in 2008. Later, it was transformed into a small finance bank, and in January 2017, it began operating as a Small Finance Bank.
  • About Suryoday Small Finance Bank Limited:
    • Managing Director (MD) & Chief Executive Officer (CEO) – Baskar Babu Ramachandran
    • Headquarters – Mumbai, Maharashtra
    • Establishment – 23 January 2017

Question: 

Q.1 Who has been appointed as the as MD and CEO of Suryoday Small Finance Bank?
a. Ganesh Rao
b. V. L. Ramakrishnan
c. Vinay Kumar
d. Baskar Babu Ramachandran
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