Question
Recently, which ministry has allowed HDFC Bank, Axis
Bank and ICICI Bank to provide financial services in overseas procurement?Solution
The Ministry of Defence has allowed HDFC Bank, Axis Bank, and ICICI Bank to provide financial services in overseas procurement done by the department, a first after the Centre opened up allocation of government business for private banks. These private banks will provide Letter of Credit and direct bank transfer business for overseas procurement by the defence ministry. These banks may be allocated with LC business of Rs 2,000 crore, each on the capital and revenue side, for one year on concurrent basis (Rs 666 crore for each bank under both capital, as well as revenue). Until now, only authorised public sector banks were allowed to provide these services to the defence ministry. ICICI Bank Headquarters: Mumbai MD &CEO: Sandeep Bakhshi Axis Bank Headquarters: Mumbai MD &CEO: Amitabh Chaudhry HDFC Bank Headquarters: Mumbai CEO: Sashidhar Jagdishan
Currently, Person 'A' is 42 years old. Person 'B' is 6 years younger than 'A'. Three years ago, the age of 'C' was 25% less than what 'B' is right now. ...
Amit age after 13 years will be 3 times his age 5 years back. What is the present age of Amit?
A girl’s age is 160% of what it was 5 years ago, but 80% of what it will be after 6 years. What is her present age?
- The ratio of the present ages of P to Q is 4:3 respectively. If the age of P two years ago is same as the age of Q three years hence, then find the present...
The ratio of the present ages of P and Q is 6:5 respectively. If the age of P 12 years hence from now will be 125% more than the age of Q 4 years ago fr...
- The ratio of present ages of Aman to that of Dinesh is 2:3 while the ratio of present ages of Rohan to that of Dinesh is 5:3. If the age of Rohan, 4 years ...
Present age of ‘A’ is 40% more than that of ‘B’. If 10 years hence from now, ‘B’ will be 4 years younger than ‘A’, then find the sum of ...
Ratio of present ages of A and B is 7:5, respectively. C who is 3 years older than A will become 36 years older after 12 years. Find the present age of B.
At the time of their marriage, the ages of Karan and Divya were in the ratio 13:12. Two years before their marriage, Karan’s age was 10% more than Div...
Ratio of present ages of P and Q is 2:5. After two years from now the ratio of ages of P and R will be 5:12. R is one year elder to Q. Find the present ...
Relevant for Exams:
