In which city did Power Finance Corporation (PFC) receive approval from the Reserve Bank of India (RBI) to establish a finance company, leading to a nearly 1% rise in its shares?
Ahmedabad
GIFT City (Gujarat)
Mumbai
Kolkata
Correct Answer :
B. GIFT City (Gujarat)
Power Finance Corporation (PFC) obtained RBI approval to set up a finance company in Gujarats GIFT City, resulting in a nearly 1% surge in its shares.
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