Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 2)
2.
Which bank, along with SBI, signed an MoU to collaborate on a Centre of Excellence in Strategic Partnership for project financing?
Punjab National Bank
Canara Bank
Bank of India
Union Bank of India
Answer: Option
Explanation:
Bank of India partnered with the State Bank of India to establish a Centre of Excellence in Strategic Partnership aimed at strengthening project financing capabilities. This collaboration is designed to enhance leadership, innovation and coordinated expertise in financing large-scale projects across sectors. By combining resources and focusing on teamwork, the two institutions aim to improve strategic decision-making and create more efficient frameworks for evaluating and supporting major developmental initiatives. The partnership underscores the growing need for robust financial mechanisms in infrastructure development and highlights the important role that collaborative banking models can play in advancing national economic growth.
Discussion:
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