New Upcoming Legal Jobs Free Workshop March 11 at 5 PM. Register here

    Question

    Which  bank  has proactively made a provision of

    ₹500 crore towards its exposure of about ₹1,300 crore to the cash-strapped Go First Airlines, whose voluntary insolvency plea was recently admitted by the National Company Law Tribunal?
    A ICICI Bank Correct Answer Incorrect Answer
    B State Bank of India Correct Answer Incorrect Answer
    C Bank of Baroda Correct Answer Incorrect Answer
    D Axis Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Bank of Baroda has proactively made a provisioning of ₹500 crore towards its exposure of about ₹1,300 crore to the cash-strapped Go First Airlines, whose voluntary insolvency plea was recently admitted by the National Company Law Tribunal.

    Practice Next

    Relevant for Exams: