Which bank has recently barged into a share purchase agreement to sell its remaining 25 stake in pri...........

Current GK ( Master) Banking Awareness

Which bank has recently barged into a share purchase agreement to sell its remaining 25% stake in private sector life insurer Ageas Federal Life Insurance ?

Canara Bank

IDBI Bank

Yes Bank

Indian Overseas Bank

छोटे Courses बड़े Results

Master Banking Awareness

Prepare through Micro-courses

Try Now

Explanation:

IDBI Bank has barged into a share purchase agreement to sell its remaining 25% stake in private sector life insurer Ageas Federal Life Insurance for Rs 580 crore, making Ageas one of the few foreign insurers to increase its stake in its Indian insurance joint venture to 74 percent after the government raised the FDI cap in the insurance sector.