ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    What is the effective date of the amalgamation of

    Fincare Small Finance Bank Ltd. with AU Small Finance Bank, as approved by the Reserve Bank of India?
    A March 31, 2024 Correct Answer Incorrect Answer
    B April 01, 2024 Correct Answer Incorrect Answer
    C May 01, 2024 Correct Answer Incorrect Answer
    D June 30, 2024 Correct Answer Incorrect Answer
    E July 01, 2024 Correct Answer Incorrect Answer

    Solution

    тАв The Reserve Bank of India has sanctioned the Scheme of Amalgamation of Fincare Small Finance Bank Ltd. (Transferor Bank) with AU Small Finance Bank Ltd. (Transferee Bank).┬а тАв The effective date of the amalgamation shall be April 01, 2024. тАв All the branches of Fincare Small Finance Bank Ltd. will function as branches of AU Small Finance Bank Ltd. with effect from April 01, 2024.

    Practice Next
    More Beepedia Questions

    Relevant for Exams:

    ask-question