Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.69)

69. 

Which bank has acquired Citibank's India consumer business for an amount of USD 1.6 billion (Rs 12,325 crore) in an all-cash deal?

[A]. Axis Bank
[B]. Federal Bank
[C]. RBL Bank
[D]. Yes Bank

Answer: Option A

Explanation:

Citigroup has announced that Axis Bank will be acquiring Citibank's India consumer business for an amount of USD 1.6 billion in an all-cash deal.

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