BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the Private sector Bank, which has received$ 150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small and medium-sized enterprises in India.
A
Axis Bank
B
ICICI Bank
C
Yes Bank
D
Kotak Mahindra Bank
Explanation: 

Detailed explanation-1: -WASHINGTON: YES BANK, India’s 4th largest Private Sector Bank, has teamed up with the Overseas Private Investment Corporation (OPIC ), the U.S. Government’s Development Finance Institution, and Wells Fargo on an agreement to increase lending to small and medium enterprises (SMEs) in India.

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