Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.374)

374. 

Which Public sector bank has tied up with city-based Srei Equipment Finance Ltd to offer joint loans for infrastructure equipment through iQuippo?

[A]. Canara Bank
[B]. Indian Bank
[C]. State Bank of India
[D]. Bank of Baroda

Answer: Option D

Explanation:

Bank of Baroda and city-based Srei Equipment Finance Ltd will collaborate to offer joint loans for infrastructure equipment under a new agreement.This collaboration will allow both Srei and Bank of Baroda to cooperate and widen their respective markets and customer base.Sourcing of loans will be facilitated through iQuippo, which is a Kanoria Foundation initiative.

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