Which bank has issued the first-ever foreign portfolio investor license to the G

Question

Which bank has issued the first-ever foreign portfolio investor license to the GIFT IFSC alternative investment fund of True Beacon Global?

Options:

A . SBI

B . Bank of Baroda

C . HDFC Bank

D . Kotak Mahindra Bank

Answer: Option D

The Kotak Mahindra Bank has issued the first-ever foreign portfolio investor license to the GIFT IFSC alternative investment fund of True Beacon Global.

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