2022
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
ICICI
|
|
|
PNB
|
|
|
RBI
|
|
|
SBI
|
Detailed explanation-1: -State Bank of India acquires minority stake in JSW Cement for Rs 100 cr.
Detailed explanation-2: -Mumbai: State Bank of India (SBI) has acquired a minority stake in JSW Cement Limited at an investment of ₹100 crore, the cement company said on Tuesday. The public sector bank has invested in the company, a part of the $13 billion JSW Group, via compulsorily convertible preference shares (CCPS).
Detailed explanation-3: -Mr. Patel is a Joint Managing Director & CEO of JSW Holdings Limited. He is also the Director of JSW Infrastructure Limited, JSW Jaigarh Port Limited, South West Port Limited and other JSW Group Companies.
Detailed explanation-4: -The State Bank of India (SBI) on Tuesday has acquired a minority stake in JSW Cement Limited, with an investment of Rs 100 crore in the company via compulsorily convertible preference shares (CCPS).