Question

Recently which of the following public sector bank and Steel Authority of India Limited signed an agreement to provide financial assistance to the dealers of SAIL across the country?

A State Bank of India Correct Answer Incorrect Answer
B South India Bank Correct Answer Incorrect Answer
C Punjab National Bank Correct Answer Incorrect Answer
D UCO Bank Correct Answer Incorrect Answer
E Union Bank of India Correct Answer Incorrect Answer

Solution

South Indian Bank and Steel Authority of India Limited signed an agreement to provide financial assistance to the dealers of SAIL across the country. The tie-up allows us to offer SAIL’s dealers with financial assistance for working capital, especially steel procurement. South Indian Bank Headquarters: Thrissur CEO: Murali Ramakrishnan Steel Authority of India Headquarters: New Delhi CEO: Soma Mondal

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