Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1593)

2019-04-05 Banking

1593.

Government infused a capital of Rs. 205 crore with which bank recently?

Indian Overseas Bank

Punjab National Bank

Bank of Baroda

Bank of Maharashtra

Answer: Option

Explanation:

Government infused a capital of Rs. 205 crore into the state owned Bank of Maharashtra in lieu of preferential allotment of shares. After the Capital infusion, the shareholding of government in Bank of Maharashtra has increased to 87.74 % from 87.01%.