India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with _______ equity.

Question

TuteeHUB · Accepted Answer

50% GOI and 50% RBI

TuteeHUB · Answer

100% GOI equity

TuteeHUB · Answer

50% GOI, 25% RBI, 25% Sponsor Bank

TuteeHUB · Answer

50% Sponsor Bank and 50% RBI

1.	India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with _______ equity.
A.	100% GOI equity
B.	50% GOI and 50% RBI
C.	50% GOI, 25% RBI, 25% Sponsor Bank
D.	50% Sponsor Bank and 50% RBI
Answer» B. 50% GOI and 50% RBI

Discussion