CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Reserve Bank of India give a NOD to Bandhan Bank to acquire this company.
A
Gic Housing Finance
B
Repco Home Finance
C
Gruh Finance
D
Muthoot Finance
Explanation: 

Detailed explanation-1: -Bandhan Bank and GRUH Finance are merging. GRUH Finance is the housing finance subsidiary of HDFC.

Detailed explanation-2: -Kolkata, November 1, 2021: The Reserve Bank of India (RBI) has authorised Bandhan Bank as an Agency Bank of the RBI for undertaking Government business.

Detailed explanation-3: -HDFC acquires 9.89% stake in Bandhan Bank As many as 15.93 crore shares of the bank was transferred to HDFC, Bandhan Bank said.

There is 1 question to complete.