Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 969)

2021-04-02 Banking

969.

Which bank in India has inked a loan agreement with Japan Bank for International Cooperation to extend loans to the supply chain of the Japanese automobile industry?

Canara Bank

Punjab National Bank

Bank of Maharashtra

State Bank of India

Answer: Option

Explanation:

The India's largest lender, State Bank of India, has raised $1 billion from JBIC to extend loans to supply chain of Japanese automobile industry in India.