ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Which is the 1st operational bank of GIFT

    City?
    A State Bank of India Correct Answer Incorrect Answer
    B Union Bank Correct Answer Incorrect Answer
    C Yes Bank Correct Answer Incorrect Answer
    D Punjab National Bank Correct Answer Incorrect Answer
    E Central Bank Correct Answer Incorrect Answer

    Solution

    Yes Bank Ltd is the first entity to start operations from Gujarat International Finance Tec-City (GIFT), the countryтАЩs first international financial services centre (IFSC). An IFSC banking unit (IBU) allows an Indian bank to deliver a complete range of products to its clients with foreign currency funding requirements.

    Practice Next
    More Financial Management Questions
    ask-question