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2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The State Bank of India raised how much amount from Japan Bank for International Cooperation?
A
$3 billion
B
$2 billion
C
$1 billion
D
$4 billion
Explanation: 

Detailed explanation-1: -Country’s largest lender, State Bank of India, has raised $1 billion from Japan Bank for International Cooperation (JBIC) to extend loans to supply chain of Japanese automobile industry in India.

Detailed explanation-2: -State Bank of India (SBI) has signed a loan agreement of up to $1 billion with The Japan Bank for International Cooperation (JBIC).

Detailed explanation-3: -Toshihiko Kurihara - Chief Representative - Japan Bank for International Cooperation | LinkedIn.

Detailed explanation-4: -Which bank has partnered with Japan’s JBIC to extend loans to Japanese automobile manufacturers in India? Notes: India’s largest lender State Bank of India (SBI) announced that it has signed a loan agreement of up to USD 1 billion with Japan Bank for International Cooperation (JBIC).

Detailed explanation-5: -About SBI Japan - SBI - Japan The Bank has a strong portfolio of distinctive products & services, and leverages technology to deliver and manage them in a personalized and customer centric way.

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