YES Bank and SIDBI sign MoU
Q. MoU has been signed between SIDBI and which other bank?- Published on 11 Jul 16a. Axis Bank
b. HDFC
c. IDBI
d. None of the above
ANSWER: None of the above
An MoU was signed between SIDBI and YES Bank under the partial risk sharing facility for financial energy efficient projects.
- SIBDI will guarantee 75 percent of the loans up to INR 15 crore extending to energy efficiency projects.
- SIDBI is the project execution agency while the bank is the first Indian lender to be empaneled in the program.