CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much did lenders led by Canara Bank receive as part of their dues from Infrastructure Leasing & Financial Services (IL&FS)?
A
1,899 crore
B
1,300 crore
C
1,200 crore
D
1,350 crore
Explanation: 

Detailed explanation-1: -canara bank: IL&FS pays Canara Bank, others Rs 1, 300 crore-The Economic Times.

Detailed explanation-2: -Shareholding. As of December 2022, the promoter holding at the bank is 62.93%, the institutional holding is 25.37%, and the public holding is 11.69%.

Detailed explanation-3: -View 6 reports from 2 analysts offering long term price targets for Canara Bank. Canara Bank has an average target of 374.50. The consensus estimate represents an upside of 24.38% from the last price of 301.10. Reco-This broker has downgraded this stock from it’s previous report.

There is 1 question to complete.