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.
Which Indian cricketer was awarded the ICC Men’s Test Cricketer of the Year 2024?
Prague is the capital of which of the following countries?
The state government of which of the following states has recently announced a massive transfer of funds under the Krishak Unnati Yojana, a scheme aimed...
Gati Shakti University, Vadodara has signed an MoU with whom?
Who from the Asian Region was recently named the winner of the GBP 5,000 Commonwealth Short Story Prize 2024 in London?
Which state governments recently signed an MoU for the implementation of the Rs 72,000 crore Parbati-Kalisindh-Chambal (PKC) inter-state river linking p...
Which country developed the hypersonic ballistic missile named “Fattah-2”?
How many gold medals did India win in the Asian Games 2023?
Recently seems in the news, Vaigai Dam is located in which one of the following States?
In Koeppen's climate classification, what does the letter code Cwg represent?
