Question
Which of the following leading NBFC has raised five-year
loan of $100 million from the ADB through external commercial borrowing (ECB) under its social finance framework?Solution
Shriram Finance has raised five-year loan of $100 million from the Asian Development Bank (ADB) through external commercial borrowing (ECB) under its social finance framework. The funds will be used for vehicle finance for commercial purposes with BS-VI compliant vehicles and electric vehicles. The loans will be deployed specifically to finance women entrepreneurs and under-developed states.
What was the approved financial outlay for the revamped PM SVANidhi scheme by the Union Cabinet?
The Liberalised Remittance Scheme (LRS) by RBI allows remittances up to:
Which of the following statements about the recent MoU between iCreate, Microsoft, and MeitY is/are correct?
1. The MoU aims to boost AI startups...
Match the rivers with their places of origin:
Which state has launched faceless Regional Transport Offices (RTOs) to help citizens avail facilities linked to the sector better?
What is the primary focus of the G20 Technical Workshop on "Climate Resilient Agriculture" being organized by the Department of Agricultural Research an...
Which payment solution is aimed at enabling UPI use on feature phones in rural and remote areas?
Consider the following statements :
I . Recently India and Sweden signed a MoU on cooperation in the field of Water Resources Development and M...
Why did RBI impose a penalty of Rs 10,000 each on Bank of America, N.A. and HDFC Bank Ltd.?
Recently a course NELS was launched by the government. What does “L” stand for?
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