Question

Which bank has provided a line of credit of Rs 5,000 crore to the PMAY mega housing scheme being developed by CIDCO, thus achieving financial closure?

A SBI Correct Answer Incorrect Answer
B ICICI Bank Correct Answer Incorrect Answer
C HDFC Bank Correct Answer Incorrect Answer
D Axis Bank Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

State Bank of India has provided a line of credit of Rs 5,000 crore to the PMAY mega housing scheme being developed by CIDCO, thus achieving financial closure. This will speed up the construction of houses under the scheme and make the dream of affordable housing come true of many common citizens.

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