Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.169)

169. 

Which of the following banks has been kept in the red flag list for monitoring foreign portfolio investor limits?

[A]. HDFC Bank
[B]. IndusInd Bank
[C]. PNB Bank
[D]. Both A and B

Answer: Option D

Explanation:

HDFC Bank and IndusInd Bank have been put in the 'red flag' list, a system used for monitoring foreign portfolio investor (FPI) limits. A listed company enters the list when the available legroom for overseas investment is less than 35% of the permissible limit.

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