gk4banking: General Knowledge for SBI Associates IBPS RRB Bank Clerk PO Exams

The home of bank job aspirants(SBI, Associate banks, IBPS,RRB PO and clerk): The current affairs is updated everyday for exam preparation. Visit regularly to improve your awareness in banking and finance to score good in SBI & associate banks, IBPS, & RRB exams. Regular updation of general knowledge, current affairs, banking and finance terms, Model question papers & tips for appearing bank exams for IBPS, SBI & associate banks, RRB & other banks is available.

Wednesday, May 9, 2012

HSBC gets competition panel’s nod for RBS banking business buy

Anti-monopoly watch god, Competition Commission of India (CCI), has given its nod to HSBC Bank acquiring the retail and commercial banking business of The Royal Bank of Scotland (RBS) in India. The CCI decision comes close on the heels of the Cabinet approving the Banking Law (Amendment) Bill. The Bill exempts all banking mergers and acquisitions from the scrutiny of the anti-competitive practices watchdog.