Question
Which bank has acquired a minority stake in JSW Cement
Limited at an investment of ₹100 crore?Solution
The State Bank of India (SBI), India’s largest public sector bank, has acquired a minority stake in JSW Cement Ltd by investing Rs 100 crore via compulsorily convertible preference shares (CCPS). The conversion of such CCPS into common equity of the company will be linked to JSW Cement’s future business performance and valuation determined at the time of the proposed initial public offering (IPO) in the next year.
The International Financial Services Centres Authority Fund shall be applied for _____________
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Which of the following publishes the World Investment Report?
Which bank received the highest rank in the RBI's 2023 list of Domestic Systemically Important Banks (DSIBs)?
All revenues received by the Government, loans raised by it, and also receipts from recoveries of loans granted by it, together form the _________.
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