2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Name the Bank which provides $100 million to L & T Finance arm for wind and solar infrastructure projects.
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AIIB
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Exim Bank
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UCO Bank
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Catholic Syrian Bank
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Explanation:
Detailed explanation-1: -While AIIB typically lends to large infrastructure projects in India, this marks its first loan to a non-banking financial company. The loan will be used to on-lend to large and mid-scale wind and solar power infrastructure projects in India, a press note from L&T Infrastructure Finance said.
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