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      Question

      The RBI approved the appointment of Elias George as

      Part-Time Chairman of which bank in May 2026?
      A South Indian Bank Correct Answer Incorrect Answer
      B Federal Bank Correct Answer Incorrect Answer
      C Dhanlaxmi Bank Correct Answer Incorrect Answer
      D Karur Vysya Bank Correct Answer Incorrect Answer
      E City Union Bank Correct Answer Incorrect Answer

      Solution

      RBI approved the appointment of former IAS officer Elias George as the Part-Time Chairman of the Board of Directors of Federal Bank Limited. The appointment took effect on May 23, 2026, for a three-year tenure. He had been serving as an Independent Director on the board since September 2023.

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