Question
Which bank 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.
The rate of simple interest for which ₹12,000 will amount to ₹14,400 in 5 years is:
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21, 46, 82, 131, 1...
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Consider the following statements.
1. The Inter-State Council is established by an Act of the Parliament, on the request of concerned States.
Who was the militant peasant leader of Bihar?
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Consider the following statements:
1. Launching of Fourth five-year plan was postponed and three annual plans had to be resorted to between 19...
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