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In a recent development, which bank has received approval from the Reserve Bank of India for the Life Insurance Corporation of India (LIC) to acquire up to 9.99% aggregate holding?
  • a)
    Axis Bank
  • b)
    HDFC Bank
  • c)
    State Bank of India
  • d)
    ICICI Bank
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In a recent development, which bank has received approval from the Res...
The Reserve Bank of India has approved Life Insurance Corporation of India's acquisition of up to 9.99% stake in HDFC Bank, the nation's largest private sector bank. The approval, subject to various conditions, mandates LIC to complete the major shareholding purchase by January 24, 2025.
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In a recent development, which bank has received approval from the Reserve Bank of India for the Life Insurance Corporation of India (LIC) to acquire up to 9.99% aggregate holding?a)Axis Bankb)HDFC Bankc)State Bank of Indiad)ICICI BankCorrect answer is option 'B'. Can you explain this answer?
Question Description
In a recent development, which bank has received approval from the Reserve Bank of India for the Life Insurance Corporation of India (LIC) to acquire up to 9.99% aggregate holding?a)Axis Bankb)HDFC Bankc)State Bank of Indiad)ICICI BankCorrect answer is option 'B'. Can you explain this answer? for Bank Exams 2024 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about In a recent development, which bank has received approval from the Reserve Bank of India for the Life Insurance Corporation of India (LIC) to acquire up to 9.99% aggregate holding?a)Axis Bankb)HDFC Bankc)State Bank of Indiad)ICICI BankCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Bank Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In a recent development, which bank has received approval from the Reserve Bank of India for the Life Insurance Corporation of India (LIC) to acquire up to 9.99% aggregate holding?a)Axis Bankb)HDFC Bankc)State Bank of Indiad)ICICI BankCorrect answer is option 'B'. Can you explain this answer?.
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