2020
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
SBI Bank
|
|
|
HDFC Bank
|
|
|
ICICI Bank
|
|
|
Yes Bank
|
Detailed explanation-1: -IIFL HF has also joined hands with ICICI Bank, the second-largest private sector bank in India for affordable housing, MSME loans.
Detailed explanation-2: -IIFL Finance has ongoing co-lending partnerships with banks including the Central Bank of India, DCB, Union Bank of India, DBS, Canara Bank, Shivalik Bank and Indian Bank for products such as loans for homes, gold, business purposes and microfinance.
Detailed explanation-3: -The correct answer is Asian Development Bank. The Asian Development Bank has offered $68 million in funding to IIFL Home Finance for expanding its footprint in the affordable and green housing segment.
Detailed explanation-4: -IIFL Home Fin has entered into a strategic co-lending partnership with State Bank of India to accelerate effective and affordable credit to small home buyers in the country.