Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 92)
92.
Which bank recently concluded a successful issuance of $1 billion through a Syndicated Social Loan for the domestic ESG financing market?
ICICI Bank
HDFC Bank
Axis Bank
State Bank of India
Answer: Option
Explanation:
The State Bank of India, in response to the growing demand in the domestic Environmental, Social, and Governance (ESG) financing market, secured $1 billion through a Syndicated Social Loan. The issuance comprised $750 million, with an additional $250 million as a green shoe option, as disclosed in the regulatory filing made by SBI.
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