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      Question

      The Reserve Bank has given its approval to SBI Mutual

      Fund (SBI MF) for acquiring up to 9.99% of the paid-up share capital or voting rights of which bank?
      A Karur Vysya Bank Correct Answer Incorrect Answer
      B City Union Bank Correct Answer Incorrect Answer
      C Federal Bank Correct Answer Incorrect Answer
      D IDBI Bank Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The Reserve Bank has given its approval to SBI Mutual Fund (SBI MF) for acquiring up to 9.99% of the paid-up share capital or voting rights of Karur Vysya Bank Ltd (KVB).

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