Which bank will acquire up to 9.95 per cent stake in IFSC Ltd?

• A. Punjab National Bank
• B. State Bank of India
• C. Canara Bank
• D. Bank of Baroda

Answer: (B)

State Bank of India will acquire up to 9.95 per cent stake in India International Clearing Corporation (IFSC) Ltd subject to a maximum investment of Rs 34.03 crore.