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Bank of America has prolonged about Rs 800 crore to ReNew Power, within the first native undertaking financing deal by the lender within the renewable energy sector. The five-year rupee-denominated inexperienced loan facility will assist the corporate decrease funding prices because the proceeds will primarily be used to prepay the present offshore loan earlier than its scheduled reimbursement date. The loan will assist save prices for masking foreign money threat amid international market volatility. The credit score line is linked to two devoted photo voltaic initiatives in India. Cash flows from these two initiatives might be used to repay the loan. ReNew Power Headquarters:Gurugram Chairman & MD:Sumant Sinha Bank of America Headquarters: North Carolina, United States CEO: Brian Moynihan
Which of the following statements is/are true?
1. If increase in demand and supply are of equal magnitude, the price will remain unchanged, but t...
Consider the following statements with regard to Statutory Liquidity Ratio (SLR);
1. To meet SLR, Commercial banks can use cash only.
2. S...
The US administration announced that US officials would not attend the 2022 Winter Olympics due to diplomatic boycott. The 2022 Winter Olympics was sche...
Which of the following model is used for the development of highways and ports?
Which of the following can be the outcomes of very high inflation in the economy?
(1) Reduction in economic growth
(2) Increase in savings...
Consider the following statement about the Periodic Labour Force Survey (PLFS):
1. It estimates employment and unemployment indicators in both �...
The Paris Agreement is a legally binding international treaty on climate change. It was adopted by how many Parties at the UN Climate Change Conferenc...
What is the primary objective of the Open Network for Digital Commerce (ONDC)?
Which of the following statements is/are correct in this context of ‘Payment Banks’?
1. Mobile telephone companies and supermarket chains tha...
Export Promotion Capital Goods (EPCG) Scheme allows import of capital goods for pre-production, production and post-production at how much customs duty?
