Question
Which private sector bank in India has acquire
Citibank’s India consumer business for an amount of USD 1.6 billion (Rs 12,325 crores)?Solution
Citigroup has announced that Axis Bank will be acquiring Citibank’s India consumer business for an amount of USD 1.6 billion (Rs 12,325 crores). This transaction will be including Citibank India’s consumer banking businesses, which include retail banking, credit cards, consumer loans, and wealth management. It includes the sale of Citibank’s non-banking financial company consumer business. It is an exchange of assets or a single asset for cash and no other monetary means, such as exchange of stocks or financing are used.
What is the name of Indiaās first 132-metre cable glass bridge being constructed in Rishikesh?
Which Indian institution developed the meta-material cloaking system AnÄlakį¹£hya?
Who was the first Indian to visit the International Space Station (ISS), as discussed in the same Lok Sabha session?
Which projects will be developed by the joint venture company formed between NTPC Ltd. and NPCIL?
Recently World Bank has appointed whom as its chief economist and senior vice-president for development economics at the multilateral development bank?
What is the increase in the number of elephants in Karnataka from the last census conducted in 2017, and which tiger reserve has the highest elephant de...
E-crop, a crop simulation model-based device, was developed by which one of the following institutes?
Who was the first medieval ruler to introduced ministry of Agriculture?
Which state government has tied up with a French development agency to improve drinking water services?
When was the Foreign Currency Settlement System (FCSS) launched in GIFT City?
Relevant for Exams:
