2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who signed a loan agreement for Rs 5, 000 crore with State Bank of India?
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NTPC Limited
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BHEL
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SAIL
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GAIL
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Explanation:
Detailed explanation-1: -The loan agreement was signed by Shri Richard S.V.Muthumani, Executive Director (Finance), NTPC Ltd and Shri Pramod Khetwal, Dy.
Detailed explanation-2: -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-3: -With the SBI Loan Restructuring Scheme, the moratorium period for all types of Retail Loans can be extended by a maximum of 2 years. Borrowers will also have the option to reschedule their installments by extending a tenure by a period equal to the moratorium period.
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