Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1097)

2020-11-21 Banking

1097.

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

HDFC Bank

IndusInd Bank

PNB Bank

Both A and B

Answer: Option

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.