Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.22)

22. 

Which subsidiary of ICICI Bank has ceased to function as the subsidiary of the bank?

[A]. ICICI Lombard
[B]. ICICI Direct
[C]. ICICI Prudential
[D]. ICICI Securities

Answer: Option A

Explanation:

The ICICI Lombard General Insurance has ceased to operate as the subsidiary of the ICICI Bank, as the shareholding of the ICICI Bank in the company has come down from 51.86 percent to 48.08 percent.

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