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Name the bank that has “Not” recently (on Feb ’22) announced the subscription to the shares of India Debt Resolution Company Ltd. (IDRCL)?
- a)State Bank of India
- b)Punjab National Bank
- c)Bank of Maharashtra
- d)Bank of Baroda
- e)Bank of India
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
Name the bank that has “Not” recently (on Feb ’22) a...
State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB), Union Bank of India (UBI), Canara Bank, and Bank of Maharashtra (BoM), has announced the subscription to the shares of India Debt Resolution Company Ltd (IDRCL).
(i) The Public Sector Banks (PSBs) and Public Financial Institutions (FIs) will hold a maximum of 49% stake in IDRCL and the remaining will be with Private sector lenders.
Details of Equity stakes in IDRCL:
(i) The Public Sector Banks (PSBs) and Public Financial Institutions (FIs) will hold a maximum of 49% stake in IDRCL and the remaining will be with Private sector lenders.
Details of Equity stakes in IDRCL:
- State Bank of India- 12.30%
- Bank of Baroda- 12.30%
- Punjab National Bank- 11.18%
- Union Bank of India- 12.30%
- Canara Bank- 14.90%
- Bank of Maharashtra- 6.21%
Community Answer
Name the bank that has “Not” recently (on Feb ’22) a...
Bank of India has not recently announced the subscription to the shares of India Debt Resolution Company Ltd. (IDRCL) on February 22.
Reason:
Bank of India did not participate in the subscription to the shares of IDRCL.
Importance:
It is important to note which banks are subscribing to the shares of IDRCL as it indicates their confidence in the company and their willingness to support its operations.
Impact:
The absence of Bank of India in the subscription may have various implications such as the bank's current focus on other investment opportunities, risk assessment considerations, or strategic priorities.
Future implications:
It will be interesting to monitor Bank of India's future decisions regarding investments in companies like IDRCL and how it aligns with their overall business strategy.
Reason:
Bank of India did not participate in the subscription to the shares of IDRCL.
Importance:
It is important to note which banks are subscribing to the shares of IDRCL as it indicates their confidence in the company and their willingness to support its operations.
Impact:
The absence of Bank of India in the subscription may have various implications such as the bank's current focus on other investment opportunities, risk assessment considerations, or strategic priorities.
Future implications:
It will be interesting to monitor Bank of India's future decisions regarding investments in companies like IDRCL and how it aligns with their overall business strategy.
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Name the bank that has “Not” recently (on Feb ’22) announced the subscription to the shares of India Debt Resolution Company Ltd. (IDRCL)?a)State Bank of Indiab)Punjab National Bankc)Bank of Maharashtrad)Bank of Barodae)Bank of IndiaCorrect answer is option 'E'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Name the bank that has “Not” recently (on Feb ’22) announced the subscription to the shares of India Debt Resolution Company Ltd. (IDRCL)?a)State Bank of Indiab)Punjab National Bankc)Bank of Maharashtrad)Bank of Barodae)Bank of IndiaCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Name the bank that has “Not” recently (on Feb ’22) announced the subscription to the shares of India Debt Resolution Company Ltd. (IDRCL)?a)State Bank of Indiab)Punjab National Bankc)Bank of Maharashtrad)Bank of Barodae)Bank of IndiaCorrect answer is option 'E'. Can you explain this answer?.
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