Consider the following statements regarding KV Subramanian's recent appointment:
1. KV Subramanian has been appointed as the new Managing Director & CEO of Federal Bank.
2. His appointment was approved by the Reserve Bank of India (RBI).
3. His term will commence immediately in August 2024.
Which of the above statements is/are correct?
1
1 only
2
1 and 2 only
3
2 and 3 only
4
1 and 3 only
5
1, 2, and 3