Home » General Knowledge » General knowledge miscellaneous » Question
  1. The Foreign Investment Promotion Board (FIPB) has recently cleared 74% foreign holding in which of the following bank?
    1. Yes Bank
    2. Axis Bank
    3. ICICI
    4. HDFC
Correct Option: D

Banks can have upto 49% foreign investment without regulatory approval, but above that the banks require approval from RBI and FIPB.



Your comments will be displayed only after manual approval.