Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1)
1.
Which bank partnered with India Infrastructure Finance Company Ltd (IIFCL) to boost infrastructure financing in India?
State Bank of India
Punjab National Bank
Bank of Baroda
Canara Bank
Answer: Option
Explanation:
Bank of Baroda has collaborated with India Infrastructure Finance Company Ltd to strengthen infrastructure financing across the country. This partnership focuses on lending and syndicating loans for a wide range of infrastructure projects, ensuring better access to large-scale funding. The initiative is designed to support the timely completion of critical infrastructure by improving financial availability and execution capabilities. Through co-financed project execution, the collaboration aims to accelerate growth in key sectors such as transport, energy, and urban development, contributing to sustainable economic growth and improved national infrastructure capacity.
Discussion:
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