New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    _________  has entered into a definitive agreement

    with Aegon India Holding and Bennett, Coleman & Company for the acquisition of the entire shareholding of Aegon and BCCL in Aegon Life Insurance Company.
    A L&T Finance Holdings Ltd. Correct Answer Incorrect Answer
    B Aditya Birla Capital Ltd. Correct Answer Incorrect Answer
    C JSW Holdings Ltd. Correct Answer Incorrect Answer
    D Bandhan Financial Holdings Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Bandhan Financial Holdings (BFHL) has entered into a definitive agreement with Aegon India Holding and Bennett, Coleman & Company for the acquisition of the entire shareholding of Aegon and BCCL in Aegon Life Insurance Company. BFHL is wholly owned by Bandhan Financial Services and is the promoter of Bandhan Bank, holding around 39% stake. It also owns a 60% stake in Bandhan Asset Management.

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