Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1975)

2017-10-17 Banking

1975.

Yes Bank has committed __________ to fund first Sewage Treatment Plant (STP) in Varanasi.

Rs 150 crore

Rs 142 crore

Rs 140 crore

Rs 156 crore

Answer: Option

Explanation:

Private sector Yes Bank said it has committed Rs 156 crore to fund first Sewage Treatment Plant (STP) to be constructed at Varanasi under Hybrid Annuity-PPP Model. The bank has signed a deal with Essel Infraprojects for the financial closure of Rs 156 crore that will fund the STP under Namami Gange Project.