2017
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank tie up with Tirumala Milk Products for providing loans to dairy farmers?
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Karnataka Bank
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State Bank of India
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Dena Bank
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Canara Bank
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Explanation:
Detailed explanation-1: -State Bank of India has entered into a tie-up with Tirumala Milk Products, a South-based company which was acquired by Groupe Lactalis in 2014, to provide loans to dairy farmers who supply milk to the latter.
Detailed explanation-2: -D Brahmanandam, Tirumala Milk Products Pvt Ltd: Profile and Biography-Bloomberg Markets.
Detailed explanation-3: -SBI has introduced a technology product, named ‘SAFAL-Simple And Fast Agriculture Loan’ for financing individual Dairy farmers.
Detailed explanation-4: -Thirumala Cow Milk-Homogenized, 200ml Pouch.
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