Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 2018)
2018.
Which become the first foreign bank to open a wholly-owned subsidiary after RBI?
Deutsche Bank
DBS Bank
SBM
Standard Chartered Bank
Answer: Option
Explanation:
State Bank of Mauritius (SBM) is likely to become the first foreign bank to open a wholly-owned subsidiary almost four years after the Reserve Bank of India (RBI) allowed overseas lenders to open local units in India.
Discussion:
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