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      Question

      Which Indian Bank terminates joint venture agreement

      with Fairfax Financial holdings?
      A Axis Bank Correct Answer Incorrect Answer
      B State Bank of India Correct Answer Incorrect Answer
      C HDFC Bank Correct Answer Incorrect Answer
      D ICICI Bank Correct Answer Incorrect Answer
      E Punjab National Bank Correct Answer Incorrect Answer

      Solution

      In pursuance of the proposed sale of part of its shareholding in ICICI Lombard General Insurance Company via an Initial Public offering, ICICI Bank said its joint venture agreement with Canada-based investment firm Fairfax Financial Holdings has been terminated.

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