Which Public sector bank has tied up with city-based Srei Equipment Finance Ltd to offer joint loans for infrastructure equipment through iQuippo?
Options
A. Canara Bank
B. Indian Bank
C. State Bank of India
D. Bank of Baroda
Correct Answer
Bank of Baroda
Explanation
Bank of Baroda and city-based Srei Equipment Finance Ltd will collaborate to offer joint loans for infrastructure equipment under a new agreement.This collaboration will allow both Srei and Bank of Baroda to cooperate and widen their respective markets and customer base.Sourcing of loans will be facilitated through iQuippo, which is a Kanoria Foundation initiative.
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