Current Affairs · Banking Sector Appointments & Deals
In November 2025, a leading private sector bank headquartered in Tamil Nadu secured a three-year foreign currency loan from a member of the World Bank Group to scale up lending to micro, small, and medium enterprises (MSMEs) adopting energy-efficient technologies. Which bank received this USD 50 million loan from the International Finance Corporation (IFC) for green MSME financing?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1South Indian Bank
- 2Karur Vysya Bank✓
- 3City Union Bank
- 4Federal Bank
Correct answer
Karur Vysya Bank
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