Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 2079)

2017-07-15 Banking

2079.

Which bank received $150 million funding from the United States Government?

HDFC Bank

Bank of Baroda

Yes Bank

Canara Bank

Answer: Option

Explanation:

YES Bank received $150 million funding from the United States Government and Wells Fargo to increase lending to support women entrepreneurs and small and medium-sized enterprises in India. According to the agreement, OPIC will provide $ 75 million in financing jointly arranged by Wells Fargo Bank to Yes Bank.