Union Cabinet has approved which bank’s proposal to raise additional share capital worth Rs 24000 crore?
A. Axis Bank
B. SBI
C. HDFC Bank
D. ICICI Bank
Answer:C
Union Cabinet has approved which bank’s proposal to raise additional share capital worth Rs 24000 crore?
A. Axis Bank B. SBI C. HDFC Bank D. ICICI Bank
Explanation: Union Cabinet on June 13, 2018 approved the proposal for grant of permission to HDFC Bank to raise additional share capital of up to a maximum of 24,000 crore rupees. The composite foreign shareholding in the Bank will not exceed 74 percent of the enhanced paid-up equity share capital of the bank. .................Check More at INDIA GK" App: tinyurl.com/IndiaGK