BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Reserve Bank of India has provided no objection to____for the proposed acquisition of Gruh Finance.
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Lakshmi Vilas Bank
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Bandhan Bank
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IDFC Bank
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Kotak Mahindra Bank
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Explanation:
Detailed explanation-1: -The share exchange ratio is decided at 568:1000, which means shareholders of GRUH Finance will receive 568 shares of Bandhan Bank for every 1000 shares that they hold of GRUH Finance.
Detailed explanation-2: -TMB soars on being appointed by RBI as agency bank for undertaking government business | Business Standard News.
Detailed explanation-3: -As many as 15.93 crore shares of the bank was transferred to HDFC, Bandhan Bank said.
Detailed explanation-4: -Bandhan Bank opened its first currency chest in Deedargunj, Patna.
There is 1 question to complete.