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  • Question
  • Which bank receives NCLT approval for merger with Bharat Financial Inclusion?


  • Options
  • A. RBL Bank
  • B. Kotak Mahindra Bank
  • C. IndusInd Bank
  • D. IDBI Bank

  • Correct Answer
  • IndusInd Bank 

    Explanation
    National Company Law Tribunal (NCLT) approved merger of private sector lender IndusInd Bank with Bharat Financial Inclusion (BFIL), a microfinance company. Last year, IndusInd Bank received 'No Objection' from Reserve Bank of India, National Stock Exchange and Bombay Stock Exchange As per the report, the merger is expected to complete within 2-4 weeks. IndusInd Bank Ltd's share price is currently at Rs1,686.85, up by Rs32.25 or 1.95%, from its previous close of Rs1,654.60 on the BSE. The current market cap of the company is Rs 99,750.17crores.

  • More questions

    • 1. Which of the following exercise was held between India and Africa?

    • Options
    • A. AFINDEX
    • B. INDO-AR
    • C. COPE 2019
    • D. Yudh Abhyas
    • Discuss
    • 2. What is the position of India in World Press Freedom Index 2019?

    • Options
    • A. 82
    • B. 108
    • C. 125
    • D. 140
    • Discuss
    • 3. Which stock market overtakes Japan to become world's 3rd largest according to Bloomberg?

    • Options
    • A. Toronto Stock Exchange, Canada
    • B. London Stock Exchange, United Kingdom
    • C. Hang Seng Index, Hong Kong
    • D. Tokyo Stock Exchange, Japan
    • Discuss
    • 4. Who is the new emperor of Japan?

    • Options
    • A. Emperor Hirohito
    • B. Emperor Akihito
    • C. Emperor Naruhito
    • D. Emperor Akishino
    • Discuss
    • 5. When did World Theatre Day celebrated?

    • Options
    • A. 22nd March
    • B. 23rd March
    • C. 2th March
    • D. 27th March
    • Discuss
    • 6. The World's first AI news anchor was unveiled by;

    • Options
    • A. India
    • B. Germany
    • C. Japan
    • D. China
    • Discuss
    • 7. Australia's oldest scientist David Goodall ended his own life at the age of ____________.

    • Options
    • A. 95
    • B. 82
    • C. 110
    • D. 104
    • Discuss
    • 8. India Signs 38 pacts to give impetus to the manufacturing of capital goods for the iron and steel industry. What is the agreement amount of it?

    • Options
    • A. $1.5 Billion
    • B. $3 Billion
    • C. $5 Billion
    • D. $8 Billion
    • Discuss
    • 9. Which telescope is used for confirming that the Universe is expanding about 9% faster than expected?

    • Options
    • A. Keck Observatory
    • B. Galileo National Telescope
    • C. Hubble Space Telescope
    • D. Spitzer Space Telescope
    • Discuss
    • 10. Which country was penalized worth "1,70,000 Euros" by the International Hockey Federation for disrespecting Pro League commitments?

    • Options
    • A. Russia
    • B. India
    • C. Srilanka
    • D. Pakistan
    • Discuss


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