which of the following bank has partnered with schwing stetter india p | Examsbook

449

Q:
Which of the following bank has partnered with Schwing Stetter India Pvt Ltd for financing construction equipment?

1
UCO Bank
2
HDFC Bank
3
Indian Bank
4
Union Bank of India
5
Karnataka Bank

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Answer : 5. "Karnataka Bank"
Explanation :
Karnataka Bank has signed a memorandum of understanding (MoU) with SCHWING Stetter India Pvt Ltd, a construction equipment manufacturer, for financing construction equipment. The bank will be designated as a financial partner to provide loans at competitive interest rates for buying f construction equipment.

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