CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank tie up with Tirumala Milk Products for providing loans to dairy farmers?
A
Karnataka Bank
B
State Bank of India
C
Dena Bank
D
Canara Bank
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.

There is 1 question to complete.