Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1354)

2017-10-25 Business

1354.

SBI ties up with ____________ to finance farmers for purchase of tractors.

HMT Limited

Escorts

TAFE

Mahindra

Answer: Option

Explanation:

India's largest public sector bank, State Bank of India (SBI) announced that it has entered into a tie-up with Escorts Limited to finance farmers for the purchase of Escorts tractors. This tie-up will help a large number of small and marginal farmers as they will have access to necessary finance for the purchase of heavy duty tractors.