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      Question

      Which Indian bank recently became the first to execute

      an export finance transaction on RXIL’s International Trade Financing Services Platform (ITFS)?
      A HDFC Bank Correct Answer Incorrect Answer
      B ICICI Bank Correct Answer Incorrect Answer
      C YES BANK Correct Answer Incorrect Answer
      D Axis Bank Correct Answer Incorrect Answer
      E State Bank of India Correct Answer Incorrect Answer

      Solution

      Explanation:

      YES BANK has become the first Indian bank to execute an export finance transaction on RXIL’s ITFS platform, aiming to facilitate credit arrangements for exporters and importers globally.

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