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?
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.
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