Cabinet Committee on Economic Affairs (CCEA) recently approved to raise foreign stake in which private sector bank to 74%?
A. SBI
B. HDFC Bank
C. IDBI Bank
D. Axis Bank
Answer:D
Cabinet Committee on Economic Affairs (CCEA) recently approved to raise foreign stake in which private sector bank to 74%?
A. SBI B. HDFC Bank C. IDBI Bank D. Axis Bank
Explanation: The CCEA, chaired by Prime Minister Narendra Modi, on 5 July 2016 approved increase in foreign investment from the current approved level of 62% to 74% of the total paid up share capital of the Axis Bank. Check Detail EXPLANATION at INDIA GK Mobile App.