Chairman of the ldquo Bank Board of Bureau rsquo BBB Shri Vinod Rai has recently stepped down from t...........

Current GK (RBI Grade B) Banking Awareness

Chairman of the “Bank Board of Bureau’ (BBB), Shri Vinod Rai, has recently stepped down from the board of ______________

This questions was previously asked in

RBI Grade B 2016

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HSBC Bank

ICICI Bank

IDBI Bank

HDFC Bank

IDFC Bank

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Explanation:

Correct option : 5: IDFC Bank

Vinod Rai, the former Comptroller and Auditor General of India and Chairman of the Banks Board Bureau (BBB), stepped down from the board of IDFC Bank in August 2016. This decision was made to avoid any potential conflict of interest, as the BBB was responsible for selecting top-level executives for public sector banks, including IDFC Bank. Rai continued to serve as the non-executive independent chairman of IDFC Ltd.