Question : Former SBI boss Arun Purwar has recently(January 2022) been appointed as chairman of __.
a. IIFL Finance
b. Indiabulls Finance
c. IFCI
d. None of the above
Ans. a.
Related facts —
- IIFL Finance appointed former State Bank of India boss Arun Purwar as chairman of its board effective from April 1.
- The appointment was approved by the board of directors in a meeting held on January 2022.
- It is noteworthy that Purwar played an important role in starting SBI’s life insurance company- SBI Life Insurance Company.
- IIFL Finance is a leading finance & investment services company in India, engaged in gold loans, business loans, personal loans and home loans etc.
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