06 October 2018 Current Affairs:
The Centre has appointed Rakesh Sharma, former Canara Bank MD, as head of IDBI Bank. He has been appointed as MD for a period of six months. The tenure of B.Sriram, who was appointed as chief executive of IDBI Bank for three months, ended in September 2018.
Type: Public Sector Bank
Industry: Banking, Financial services
Owner: Government of India
Founded: 1 July 1964
Headquarters: Mumbai, India
Key people: Mr.Rakesh Sharma