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.
Circuit breaker is a set of rules formed and issued by SEBI in order to bring back normalcy in the stock markets in the event an index or stock enters ...
Consider the following statements in regards to Hasarius Mumbai:
a) It is a new species of Jumping spider
b) The species is named after Mu...
Match the following international footballers with their national teams:
The Asian Development Bank (ADB) has entered a pact with the government of India to provide a loan of USD 250 million (around Rs 1,872 crore) for ______...
When do we celebrate World Wind day globally?
What is the growth projection for the FY 2018-19 in the recently released Economic Survey?
In case of mutually exclusive projects and when NPV and IRR giving conflicting results, go for the project having higher IRR
Which one among the following is included in the 73rd Constitution Amendment of the Indian Constitution?
1. District Panchayat
2. Kshetra ...
An NSE Prime company needs at least _____% public shareholding as against 25% under the SEBI rules.
When did HDFC Bank inaugurate its first branch in Singapore?
