ICICI signs partnership with NDB

Q.  Which Indian bank has just signed a partnership with NDB?
- Published on 09 May 16

a. ICICI Bank
b. HDFC Bank
c. SBI Bank
d. None of the above

ANSWER: ICICI Bank
 
A partnership has been signed between ICICI Bank and NDB who will also leverage a mutually beneficial partnership in other areas such as treasury risk management, account and cash management services and human resource development.It recently announced its first set of loans involving financial assistance of USD 811 million to support building of 2,370 mw of power capacity within the member-countries. Out of this USD 250 million has come to state-run Canara Bank for on-lending to renewable energy projects.

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