Question

    What is the maximum stake that Zulia Investments Pte.

    Ltd., a subsidiary of Temasek Holdings, is allowed to acquire in AU Small Finance Bank as per RBI’s recent approval?
    A 5% Correct Answer Incorrect Answer
    B 7% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D 15% Correct Answer Incorrect Answer
    E 20% Correct Answer Incorrect Answer

    Solution

    RBI approved Zulia Investments Pte. Ltd. to acquire up to 10% stake in AU Small Finance Bank, strengthening its financial backing.

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