Question
Which bank recently received in-principle approval to
set up an IBU in GIFT City, making it the first UAE-based bank to do so?Solution
Mashreq Bank became the first UAE-based bank to get in-principle approval (IPA) to open an International Financial Services Centre Banking Unit (IBU) in GIFT City, Gujarat. The branch is expected to be operational by Q4 2025, offering services such as foreign currency loans, trade finance, and treasury management. This marks an important development in India-UAE financial cooperation.
The Goods and Services Tax day (GST) is celebrated annually on which of these days?
Who has been conferred Ashok Chakra by the President of India recently?
Who received the Nobel Prize for Physiology or Medicine for the year 2020?
In Swachh Survekshan Awards 2021, which is cleanest city in less than 1 lakh population?
Which of the following major city is not situated on the bank of river Kaveri?
ढोलामारू रा दूहा के रचयिता है ?
If ‘MARKET’ is coded as 419252 then ‘INDUSTRY’ will be coded as
What is the primary focus of SEBI's newly launched Foreign Portfolio Investor (FPI) outreach cell?
Which book is authored by Sachin Tendulkar?
What is IRR? Â
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