Question
Which insurance company has acquired 100% stake in Exide
Life Insurance Company?Solution
HDFC Life had acquired 100% stake in Exide Life Insurance Company from its parent Exide Industries for ₹6,687 crore. “This merger has been made possible due to the encouragement, timely approvals and support from our regulator – IRDAI and all other authorities involved in the process
Where the aggregate exposure of the banking system is ₹5 crore or more, borrowers can open current accounts with any one of the banks with which it ha...
A bank needs liquidity for which of the following?
                     I.       Meeting deposit withdrawals
...If the Reserve Bank of India wants to contract credit in the economy, it would most likely:
Who can be the participants in the Call Money Market
1. Scheduled Commercial Banks (excl Local Area Banks)
2. Small Finance Banks and Paym...
