Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1387)

2017-10-10 Business

1387.

Which company inks Agreement with IREDA for Rs 300 cr Loan?

Reliance Commercial Finance

HDFC Finance

Peerless Group

Hero fincorp

Answer: Option

Explanation:

Reliance Commercial Finance Limited signed an agreement with Indian Renewable Energy Development Agency Ltd (IREDA) for Rs.300 crore loan, in Mumbai. RCFL finances wind and solar energy projects besides providing assistance for developing infrastructure and projects in renewable energy space backed by the government.