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RBI 2022 Phase 1 Shift 1 Analysis of GA Section

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In July 2023, it was reported that the Byju Raveendran-founded edtech firm has reached a tentative agreement to rework its loan pact with its foreign lenders. The lenders collectively own more than 85 per cent of the $1.2 billion Term B loan.

Answer (1 of 8): PS : I have worked as Grade A officer in NABARD and presently working as IFS officer. I think I have seen both types of jobs from close proximity.

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"LIC has been advised by RBI to acquire the aforesaid major shareholding in the bank within one year i.e. by January 24, 2025," the bank said

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Video Prepared By Susheel A Ragade (Ex.Manager, Reserve Bank of India)

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