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Question

In its October2024disclosure about the proposed sale to Bank Dhofar,what total business did Bank of Baroda report for its Oman operations as at31March2024?

The correct answer is

113.35 million Omani Rials

The disclosed OMR113.35million was the Oman operation’s total business at31March2024,not the announced sale consideration. Its net worth wasOMR25.54million.

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Important Questions from Banking Affairs

  1. The Department of Financial Services (DFS) notified amalgamation of 26 Regional Rural Banks (RRBs) on the principles of 'One State One RRB' in which phase of amalgamation of RRBs in 2025?
  2. Which of the following organisations launched the Fiscal Health Index for India in 2025?
  3. On which theme did the Reserve Bank of India (RBI) organise a conference for large-sized Non-Banking Financial Companies (NBFCs) in Chennai on 28 March 2025?
  4. Reserve Bank of India advised all banks in India to commence the migration of their existing domains to the '.bank.in' domain and complete the process latest by _________________

  5. In May 2025, the Reserve Bank of India (RBI) approved the renaming of the North East Small Finance Bank to ________.
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