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    Question

    Identify the bank for which Rama Mohan Rao Amara has

    been recommended as Managing Director by FSIB.
    A Canara Bank Correct Answer Incorrect Answer
    B State Bank of India Correct Answer Incorrect Answer
    C HDFC Bank Correct Answer Incorrect Answer
    D UCO Bank Correct Answer Incorrect Answer
    E Axis Bank Correct Answer Incorrect Answer

    Solution

    The Financial Services Institutions Bureau (FSIB) has recommended Rama Mohan Rao Amara to become the Managing Director of the State Bank of India (SBI).   Previously serving as SBI's Deputy Managing Director, Amara's advancement follows C S Setty's elevation to the Chairman of SBI.  His noteworthy leadership as the Managing Director and CEO of SBI Card from January 2021 to July 2023 contributed significantly to the company's expansion.

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