Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 981)
981.
With which bank the IOCL has inked India's First LIBOR Alternative Rate Deal?
State Bank of India
Axis Bank
ICICI Bank
RBL Bank
Answer: Option
Explanation:
The State Bank of India (SBI) and Indian Oil Corporation Limited (IOCL) will sign the first Secured Overnight Financing Rate (SOFR) linked external commercial borrowing (ECB) deal.
Discussion:
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