Question
Which bankĀ will acquire 100 percent equity shares of
Sonata Finance Pvt Ltd, from its existing shareholders for Rs 537 crore?Solution
Kotak Mahindra Bank will acquire 100 percent equity shares of Sonata Finance Pvt Ltd, a non-banking financial company-microfinance institution (NBFC-MFI), from its existing shareholders for Rs 537 crore. This acquisition will enable the bank to scale up its operations in the rural and semi-urban markets in the northern states of India.
Statements:
I. The top earning Mumbai area is Santa Cruz, where the richest folks in Mumbai's business community live.
II. Many averag...
In the question below, two statements (I) and (II) are given. These statements may be either independent causes or may be effects of independent cause...
Statement-
The Pakistan Army violated ceasefire for the third consecutive day on Friday by targeting Indian posts and civilian areas with mortar ...
Effect : Wikipedia, one ofĀ the last remaining pillars of the open and decentralized web, is in existential crisis.
Which of the following can b...
Answer the questions based on the information given below.
Seven persons stay in 7 different floors of a building such that no two persons stay...
Event (A): The authorities of Lumbini Gardens have blatantly encroached upon the footpath on 4th Main, Coffee Board Layout in Nagavara.
Event (...
Statement : "The government has decided to provide free healthcare facilities to all senior citizens above the age of 60."
Assumptions :
Statement:Ā The rail security helpline was flooded with complaints on catering and cleanliness in the trains.
I. Railways has initiated a new ...
In the question below, two statements (I) and (II) are given. These statements may be either independent causes or may be effects of independent cause...
Which of the following combination is false?
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