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APPOINTMENTS Resignations

Bandhan Bank CFO Rajeev Mantri Resigns from Executive Position

Rajeev Mantri, Executive President and Chief Financial Officer of Bandhan Bank, tendered his resignation to explore outside career prospects.
His resignation took formal effect on June 29, 2026, with his final working day set for September 25, 2026.
Mantri held the position of CFO at Bandhan Bank since February 2024, and the lender is yet to name his successor.

Key Facts / Static GK

Bandhan Bank Founded: 23 August 2015
Headquarters: Kolkata, West Bengal
MD & CEO: Partha Pratim Sengupta

Q Practice Quiz — 7 August 2026

1. What was the total transaction value processed by UPI in July 2026?

A ₹28.92 lakh crore
B ₹29.03 lakh crore
C ₹29.53 lakh crore
D ₹29.88 lakh crore
E ₹29.90 lakh crore

Explanation: In July 2026, UPI set a monthly record by processing 23.66 billion transactions worth ₹29.88 lakh crore.

2. What is the mandatory Compressed Biogas (CBG) blending target for City Gas Distribution entities for FY 2026–27 under the GOBARdhan scheme?

A 1%
B 2%
C 3%
D 4%
E 5%

Explanation: Under the CBG Blending Obligation (CBO), City Gas Distribution entities must achieve blending targets of 3% in FY 2026–27, 4% in FY 2027–28, and 5% from FY 2028–29 onwards.

3. Which division within NITI Aayog formulated the report titled 'Reimagining Care: Strategies for Empowering Caregivers in Viksit Bharat@2047'?

A Human Resources Division
B Social Justice and Empowerment Division
C Health and Family Welfare Division
D Economic and Financial Inclusion Division
E Rural Development Division

Explanation: The report was formulated by the Social Justice and Empowerment Division of NITI Aayog through extensive stakeholder consultations and field studies.

4. How much Central Assistance was released to Uttar Pradesh between FY 2019-20 and FY 2025-26 under the SC/ST atrocity prevention scheme?

A ₹520.50 crore
B ₹610.25 crore
C ₹747.17 crore
D ₹830.40 crore
E ₹950.00 crore

Explanation: A total Central Assistance of ₹747.17 crore was released to Uttar Pradesh during the 2019-20 to 2025-26 period to strengthen enforcement mechanisms and provide victim relief.

5. Which of the following statements regarding the Global Biofuel Champion Fellowship (GBCF) is correct?

A Each selected fellow receives a grant of $50,000.
B The fellowship duration is five years.
C It includes two Indian researchers, Ruchi Agrawal and Abhisek Sahoo.
D The alliance was launched during the COP28 Summit in Dubai.
E The fellowship is limited only to researchers from G7 nations.

Explanation: The inaugural GBCF cohort selected 15 researchers globally including two Indian scholars: Ruchi Agrawal (TERI) and Abhisek Sahoo (IIT Delhi). Each fellow gets a $15,000 grant for a 2-year tenure.

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