Question

    BharatPe Group has acquired a ________ stake in Trillion Loans, a non-banking financial company (NBFC) & the  company will operate as an independent entity with its own team under the board’s supervision.

    A 47 percent Correct Answer Incorrect Answer
    B 49 percent Correct Answer Incorrect Answer
    C 51 percent Correct Answer Incorrect Answer
    D 55 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    BharatPe Group has acquired a 51 per cent stake in Trillion Loans, a non-banking financial company (NBFC). The company will operate as an independent entity with its own team under the board’s supervision. It will explore partnerships with other companies to enable credit for diverse businesses and consumers.

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