Question

    Which of the following acquired 26% stake in Equirus

    Capital?
    A ICICI Correct Answer Incorrect Answer
    B SBI Correct Answer Incorrect Answer
    C Karnataka bank Correct Answer Incorrect Answer
    D Federal bank Correct Answer Incorrect Answer
    E DBS bank Correct Answer Incorrect Answer

    Solution

    Ans- D, Kochi based Federal bank acquired minority stake (26%) in Equirus Capital. Equirus capital is an unlisted investment banking firm set up in 2007 and having its presence in Mumbai, Ahmadabad and Hyderabad.

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