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    Question

    State Bank of India (SBI) Funds Management has received

    the approval of the Reserve Bank of India (RBI) to acquire up to ______ stake in HDFC Bank.
    A 5.45 percent Correct Answer Incorrect Answer
    B 7.23 percent Correct Answer Incorrect Answer
    C 9.99 percent Correct Answer Incorrect Answer
    D 10.10 percent Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    State Bank of India (SBI) Funds Management has received the approval of the Reserve Bank of India (RBI) to acquire up to 9.99 per cent stake in HDFC Bank.

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