Question

    What was the reserve price set by IndusInd Bank for

    auctioning ₹1,573 crore of non-performing microfinance loans?
    A ₹75 crore Correct Answer Incorrect Answer
    B ₹100 crore Correct Answer Incorrect Answer
    C ₹85 crore Correct Answer Incorrect Answer
    D ₹50 crore Correct Answer Incorrect Answer
    E ₹95 crore Correct Answer Incorrect Answer

    Solution

    The reserve price for the auction reflects the bank’s effort to recover 5.04% of the outstanding microfinance loans.

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