Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.159)

159. 

Which bank executed its first trade borrowing transaction linked to SOFR?

[A]. ICICI Bank
[B]. Karnataka Bank
[C]. Yes Bank
[D]. Axis Bank

Answer: Option C

Explanation:

The Private sector lender Yes Bank has executed its first Secured Overnight Financing Rate (SOFR) linked transaction.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.