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      Question

      What was the primary focus of HDFC Bank securing USD 500

      million recently (in May 2024) from the International Finance Corporation?Β Β 
      A Infrastructure Development Correct Answer Incorrect Answer
      B Renewable Energy Projects Correct Answer Incorrect Answer
      C Microloans to Self-Help Groups Correct Answer Incorrect Answer
      D Foreign Trade Expansion Correct Answer Incorrect Answer
      E MSME Growth Loans Correct Answer Incorrect Answer

      Solution

      HDFC Bank secured funding from the International Finance Corporation to provide microloans to Self-Help Groups, empowering rural women and small businesses to boost financial inclusion.

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