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Answer : 5. "Karnataka Bank"
Which of the following bank has partnered with Schwing Stetter India Pvt Ltd for financing construction equipment?
5Q:
Which of the following bank has partnered with Schwing Stetter India Pvt Ltd for financing construction equipment?
- 1UCO Bankfalse
- 2HDFC Bankfalse
- 3Indian Bankfalse
- 4Union Bank of Indiafalse
- 5Karnataka Banktrue
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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.