- The MoU was signed to provide a wide range of financial products and services to the customers.
- This partnership will attract more investment in Karnataka, as the partnership will enable the acquisition of industrial lands more affordable.
- The KIADB has thus nominated HDFC Bank as its banking partner which will finance its customers.
- The HDFC bank will offer attractive affordable financial solution and services to the companies under KIADB for upto 75% of the project.
- Static Part:
- HQ of KIADB: Bengaluru
- CEO of KIADB: N Shivashankara
- HQ of HDFC Bank: Mumbai
- MD and CEO of HDFC Bank: Sashidhar Jagdhishan
- Tagline of HDFC Bank: We understand your world
Question:
Q.1 With which bank has Karnataka Industrial Area Development Board (KIADB) signed MoU to get a wide range of financial products and services support?
a. HDFC Bank
b. Karnataka Bank
c. Canara Bank
d. UCO Bank
a. HDFC Bank
b. Karnataka Bank
c. Canara Bank
d. UCO Bank
