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Which bank on November 3, 2017, signed an agreement with the Indian government for providing Rs. 1000 crore for food processing projects?1). Bank of Baroda2). State Bank of India3). Yes Bank4). Punjab National Bank |
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Answer» Yes Bank signed a MoU with the government to provide Rs. 1,000 CRORE financing for food PROCESSING projects. Yes Bank said that the funding will be provided to AROUND 100 food processing projects with an average SIZE of Rs. 10 crore each. The FOCUS would be on projects across backend infrastructure, cold chain creation of new processing units, expansion of existing units etc. |
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