Which of the following entities received a ‘Fit & Proper’ certificate from the RBI for potential acquisition of IDBI Bank?
The Reserve Bank of India (RBI) granted ‘Fit & Proper’ certificates to Fairfax Financial, Emirates NBD, and Kotak Mahindra Bank as potential suitors for IDBI Bank. Fairfax Financial is one of the entities now eligible to proceed with the acquisition process.
