Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1282)
1282.
Which bank has released USD 50 million in the first tranche of assistance to L&T Infrastructure Finance Ltd, to fund renewable Energy Projects in India?
New Development Bank
Asian Infrastructure Investment Bank
Asian Development Bank
World Bank
Answer: Option
Explanation:
Asian Infrastructure Investment Bank(AIIB) has released USD 50 million in the first tranche of assistance to L&T Infrastructure Finance Ltd(LTIF), to fund renewable Energy Projects in the country. The released amount is part of a sanctioned USD 100 million External Commercial Borrowing(ECB) loan.
Discussion:
1 comments Page 1 of 1.

Shilpa Doddamani said:   5 years ago
It's providing us with valuable information. this is very useful for preparing KPSC and UPSC exams. Thank you.

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