Which small finance bank received Competition Commission of India (CCI) approval for its merger with AU Small Finance Bank?

Question

Which small finance bank received Competition Commission of India (CCI) approval for its merger with AU Small Finance Bank?

A. Equitas Small Finance Bank

B. Ujjivan Small Finance Bank

C. Fincare Small Finance Bank

D. Jana Small Finance Bank

AU Small Finance Bank received CCI approval for its merger with Fincare Small Finance Bank, a significant step announced on October 30, 2023, with the merger set to be effective from February 1, 2024, pending RBI approval.

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Accepted Answer

C. Fincare Small Finance Bank

Which small finance bank received Competition Commission of India (CCI) approval for its merger with AU Small Finance Bank?

Correct Answer :

Show all Current Affairs January 2024 MCQ

Related Questions

Which institute has recently partnered with CEPI to enhance global responses to disease outbreaks and received a $30 million investment to expand its manufacturing capacity?

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With which institution has Hyundai Motor India Ltd partnered to establish a 'Hydrogen Innovation Valley' in Tamil Nadu?

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Which country is connected to the Indian Navy through the inaugural 'Ex-Ayutthaya' naval exercise?

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In which Indian state did the National Cooperative Consumers' Federation of India Limited (NCCF) launch the subsidized 'Bharat' brand of pulses, including chana dal, through 50 mobile vans to stabilize prices and curb food inflation?

In which location did Union Fisheries Minister Parshottam Rupala launch an artificial reef project to boost the fish population and promote sustainable fishing?

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