The Reserve Bank of India (RBI) has approved the appointment of Pradeep Kumar Panja as the Chairman of Karnataka Bank Ltd. He will begin his role as the part-time non-executive Chairman with effect from November 14, 2021, for a period of three years. He will succeed P Jayarama Bhat, who will retire on November 13, 2021.
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Important takeaways for all competitive exams:
- Karnataka Bank Headquarters: Mangalore;
- Karnataka Bank Founded: 18 February 1924.