Question

    In December 2021, Axis Bank has categorised

    _______________ to public category from promoter category shareholder in the bank.
    A United India Insurance Correct Answer Incorrect Answer
    B Oriental Insurance Company Correct Answer Incorrect Answer
    C Life Insurance Corporation Correct Answer Incorrect Answer
    D New India Assurance Correct Answer Incorrect Answer
    E IFFCO Tokio General Insurance Company Limited Correct Answer Incorrect Answer

    Solution

    Axis Bank has categorised The Oriental Insurance Company to public category from promoter category shareholder in the bank. As per the shareholding pattern, The Oriental Insurance Co Ltd held 0.17 per cent stake in Axis Bank.

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