Question

    Which organization received the 'Fit & Proper'

    certificate from RBI for acquiring IDBI Bank?
    A Fairfax Financial Correct Answer Incorrect Answer
    B HDFC Bank Correct Answer Incorrect Answer
    C State Bank of India Correct Answer Incorrect Answer
    D ICICI Bank Correct Answer Incorrect Answer
    E Axis Bank Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) granted 'Fit & Proper' certificates to Fairfax Financial, among others, for the acquisition of IDBI Bank.

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