Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.401)

401. 

Name the Non-banking finance company withdrew a release which has issued earlier regarding securing Rs 695 crore debt funding from NABARD.

[A]. Muthoot Finance Ltd
[B]. Mahindra & Mahindra Financial Services Limited
[C]. Manappuram Finance
[D]. Bajaj Finance Limited

Answer: Option C

Explanation:

Manappuram Finance, a Non-banking finance company withdrew a release which had issued earlier regarding securing Rs 695 crore debt funding from NABARD.Previously this Rs 695 crore funding will agree to use for priority sector lending.

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