New How to prepare ESI for NABARD Prelims & Mains- Sources & Strategy
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Question

Which bank got approval from the Reserve Bank of India for the reverse merger of IDFC Ltd with its banking subsidiary?

A ICICI Bank Correct Answer Incorrect Answer
B HDFC Bank Correct Answer Incorrect Answer
C IDBI Bank Correct Answer Incorrect Answer
D Axis Bank Correct Answer Incorrect Answer
E IDFC First Bank Correct Answer Incorrect Answer

Solution

Explanation : The Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank .

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