2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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200
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5000
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250
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3000
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Detailed explanation-1: -NTPC signed a term loan agreement for Rs. 3000 Crore with ICICI Bank Ltd on 29.08.
Detailed explanation-2: -ICICI Bank Limited was incorporated in the year 1994 as a part of the ICICI Group with the name ICICI Banking Corporation Limited. The initial equity capital was owned 75% by ICICI and 25% by SCICI Limited a diversified finance and shipping finance lender of which ICICI owned 19.9% at December 1996.
Detailed explanation-3: -ICICI bank is a leading private sector bank in India. It stands for Industrial Credit and Investment Corporation of India (ICICI).
Detailed explanation-4: -ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry. The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses.