Current Affairs · Banking & Sanctions Trade
In August/September 2025, which Indian Public Sector Bank received government approval to facilitate trade payments for the sanctioned refiner Nayara Energy Ltd., leveraging its historical experience with specialized trade mechanisms like Iran oil trades?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Canara Bank
- 2Punjab National Bank (PNB)
- 3State Bank of India (SBI)
- 4UCO Bank✓
Correct answer
UCO Bank
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