Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1352)
1352.
Punjab National Bank Housing Finance has signed a pact with which of the following body to raise 75 million dollars?
Answer: Option
Explanation:
Punjab National Bank Housing Finance has signed a pact with Japan International Cooperation Agency (JICA) to raise 75 million dollars. The Citibank will be co-financing 25 million dollars in order to finance the mortgage loans in the affordable housing segment. The tie-up also states first debt funding ever done by Japan International Cooperation Agency (JICA) in the housing finance sector in India.
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