Question

The Reserve Bank has given its approval to SBI Mutual Fund (SBI MF) for acquiring up to 9.99% of the paid-up share capital or voting rights of which bank?

A Karur Vysya Bank Correct Answer Incorrect Answer
B City Union Bank Correct Answer Incorrect Answer
C Federal Bank Correct Answer Incorrect Answer
D IDBI Bank Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The Reserve Bank has given its approval to SBI Mutual Fund (SBI MF) for acquiring up to 9.99% of the paid-up share capital or voting rights of Karur Vysya Bank Ltd (KVB).

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