Multiple choice

Reserve Bank of India has permitted…………………………to increase stock market exposure upto 10% of aggregate advances as at the end of last Financial Year.

  1. HDFC Bank

  2. ICICI Bank

  3. Federal Bank

  4. Development Credit Bank

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Reserve Bank of India (RBI) granted specific permissions to HDFC Bank regarding its exposure to the stock market. This was a regulatory decision based on the bank's financial health and risk management practices.