Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 187)
187.
Which regulatory authority has approved the reverse merger of IDFC Ltd with its banking subsidiary, IDFC First Bank?
RBI
SEBI
IRDAI
CCI
Answer: Option
Explanation:
The RBI has approved the reverse merger of IDFC Ltd with IDFC First Bank, involving a composite scheme as a strategic move.
Discussion:
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