The Reserve Bank of India (RBI) has appointed AK Dixit (ex-general manager at Union Bank of India), as the new administrator of the Punjab and Maharashtra Co-operative (PMC) Bank. He has replaced JB Bhoria who has stepped down from his role as the administrator of the bank due to health reasons. In September 2019, the RBI had superseded the board of PMC bank due to fraud and financial irregularities in the PMC bank.
Important takeaways for all competitive exams:
Did you know that the stock market in India is carefully watched and regulated to…
Did you know that one of the world’s oldest universities was built in ancient India…
Pakistan opener Sahibzada Farhan has been announced as the ICC Men’s Player of the Month…
India's pace bowler Arundhati Reddy has been named ICC Women's Player of the Month for…
Did you know that physics helps us understand how the world around us works, from…
Rwanda's young cricketer Fanny Utagushimaninde has scripted the history by becoming the youngest centurion in…