Question

The Abu Dhabi Investment Authority (ADIA) has picked up a ___ per cent stake in IIFL Home Finance for Rs 2,200 crore

A 10 Correct Answer Incorrect Answer
B 15 Correct Answer Incorrect Answer
C 20 Correct Answer Incorrect Answer
D 22 Correct Answer Incorrect Answer
E 25 Correct Answer Incorrect Answer

Solution

The Abu Dhabi Investment Authority (ADIA) has picked up a 20 per cent stake in IIFL Home Finance for Rs 2,200 crore. The Abu Dhabi sovereign wealth fund will make the investment through a wholly-owned subsidiary.

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