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    Question

    Tata Group has chosen State Bank of India, Bank of

    Baroda and ________ as preferred bankers for Air India after taking it over from the Government of India.
    A Axis Bank Correct Answer Incorrect Answer
    B ICICI Bank Correct Answer Incorrect Answer
    C HDFC Bank Correct Answer Incorrect Answer
    D YES Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Tata Group has chosen State Bank of India, Bank of Baroda and HDFC Bank as preferred bankers for Air India after taking it over from the Government of India. Tata Sons-promoted Talace has acquired Air India, offering Rs 18,000 crore that include Rs 15,300 crore for the carrier’s existing debt and Rs 2,700 crore cash to be paid to the government.

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