2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The US Agency for International Development (USAID) will sponsor a $50 million loan portfolio guarantee to which bank to support increased financial access to women borrowers and MSMEs in India?
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PNB
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Kotak Mahindra Bank
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SBI
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HDFC
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Explanation:
Detailed explanation-1: -The US Agency for International Development (USAID) and the US International Development Finance Corporation (DFC) have joined hands with Kotak Mahindra Bank. They would jointly sponsor a $50 million loan portfolio guarantee to the bank to support increased financial access to women borrowers, and MSMEs in India.
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