RBI Grade B Officers Aug 2013 Papers

(1) The Foreign InvestmentPromotion Board (FIPB) hadrecently given its nod for foreignshareholders — Genworth(36 per cent stake), ADB(13 per cent) and IFC (13 percent) to infuse funds into thecompany. National HousingBank (NHB) will have 38 percent stake in the mortgageguarantee company