2018
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank got RBI Nod To Acquire IL & FS Arm recently?
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Dena bank
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Canara Bank
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State Bank of India
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IndusInd Bank
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Explanation:
Detailed explanation-1: -Private sector lender IndusInd Bank today said it has received RBI’s approval to buy the securities services arm of IL&FS.
Detailed explanation-2: -IndusInd Bank becomes the first bank to go live on RBI’s Account Aggregator Framework.
Detailed explanation-3: -The State Bank of India works as RBI’s agent at places where it has no office of its own.
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