The Cabinet Committee gave its in-principle approval for strategic disinvestment along with transfer of management control in which of the following bank?

Daily Current Affairs Quiz 7 May 2021

The Cabinet Committee gave its in-principle approval for strategic disinvestment along with transfer of management control in which of the following bank?

A. State Bank of India

B. Punjab National Bank

C. Bank of Baroda

D. IDBI Bank

Explanation:

The Cabinet Committee on Economic Affairs (CCEA) has given its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank. The extent of respective shareholding to be divested by GoI and LIC shall be decided at the time of structuring of transaction in consultation with RBI.

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