CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank got RBI Nod To Acquire IL & FS Arm recently?
A
Dena bank
B
Canara Bank
C
State Bank of India
D
IndusInd Bank
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.

There is 1 question to complete.