2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank has approved a proposal to raise Rs 20, 000 crore in debt to fund business growth?
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Federal Bank
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HDFC Bank
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Axis Bank
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IndusInd Bank
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Explanation:
Detailed explanation-1: -Detailed Solution. The correct answer is IndusInd Bank. IndusInd Bank board has approved a proposal to raise Rs 20,000 crore in debt to fund business growth. The board approved raising funds through debt securities in any permitted mode on a private placement basis.
There is 1 question to complete.