State-owned power giant NTPC has announced that it has signed a term loan agreement for Rs 5, 000 crore with.....

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

State-owned power giant NTPC has announced that it has signed a term loan agreement for Rs 5, 000 crore with____

A	Bank of Baroda
B	State Bank of India
C	Punjab National Bank
D	Exim Bank

Explanation:

Detailed explanation-1: -The bank’s corporate term loans are generally available for tenors from three to five years, synchronized with your specific needs. SBI corporate term loans may carry fixed or floating rates, as befits the exact requirement of the client and the risk context.

Detailed explanation-2: -A green loan is a form of financing that seeks to enable and empower businesses to finance projects which have a distinct environmental impact, or rather, which are directed towards financing ‘green projects’.

Detailed explanation-3: -State Bank of India (SBI) a Fortune 500 company, is an Indian Multinational, Public Sector Banking and Financial services statutory body headquartered in Mumbai. The rich heritage and legacy of over 200 years, accredits SBI as the most trusted Bank by Indians through generations.

Detailed explanation-4: -The oldest commercial bank in India, SBI originated in 1806 as the Bank of Calcutta. Three years later the bank was issued a royal charter and renamed the Bank of Bengal.

There is 1 question to complete.