Union Cabinet has approved the proposal for grant of permission to.....to raise additional share capital of up to a maximum of 24, 000 crore rupees.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Union Cabinet has approved the proposal for grant of permission to____to raise additional share capital of up to a maximum of 24, 000 crore rupees.

A	ICICI Bank
B	State Bank of India
C	HDFC Bank
D	Bank of Baroda

Explanation:

Detailed explanation-1: -The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal for grant of permission to HDFC Bank limited to raise additional share capital of up to a maximum of Rs 24, 000 crore. Currently, the FDI in the banks stands at 72.62 per cent.

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