Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 146)

2024-01-14 Finance

146.

What percentage of stake did LIC's board approve acquiring in a company promoted by the National Housing Bank (NHB) for residential mortgage-backed securities?

10%

15%

Answer: Option

Explanation:

LIC's board approved acquiring a 10% stake in a company promoted by the National Housing Bank (NHB) for residential mortgage-backed securities through equity contribution in one or more tranches.