YES Bank and SIDBI sign MoU

Q.  MoU has been signed between SIDBI and which other bank?
- Published on 11 Jul 16

a. Axis Bank
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.

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