2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Competition Commission of India (CCI) approved the merger of the Indiabulls Housing Finance with which of the following bank?
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Dena Bank
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Yes Bank
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Lakshmi Vilas Bank
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Dhanlaxmi Bank
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Explanation:
Detailed explanation-1: -Detailed Solution. On 5 April 2019, the Lakshmi Vilas Bank (LVB) and Indiabulls Housing Finance (IBHF) boards approved the merger of the two entities.
Detailed explanation-2: -The rise and fall of Indiabulls Housing Finance This was when the company was accused of siphoning off funds. This set off a domino effect which made investors look more closely at its prospects. This however was investigated by by the Ministry of corporate affairs.
Detailed explanation-3: -Ashok Kumar Gupta is the current chairperson of the CCI. The members of the Competition Commission of India are: Dr.
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