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Indian Bank signed MoU with PCI

Published on August 16, 2021
Current Context: The Indian Bank has entered into MoU with the Paralympic Committee of India (PCI).
Indian Bank signed MoU with PCI
  • Indian bank has entered into MoU as one of the banking partners of the upcoming Paralympic Games.
  • Under the MoU, the bank will offer financial assistance to Paralympic athletes.
  • The financial assistance will help the Paralympic athletes to prepare for various sports events at the national and international levels.
  • The funds will help athletes to pursue proper training in their sport, purchase equipment and kits, nutrition etc.
  • The MoU will also motivate the athlete to focus on their goals as the financial burden will be tackled by the Indian bank.
  • Static Part: 
    • HQ of Indian Bank: Chennai
    • MD and CEO of Indian Bank: Padmaja Chunduru
    • President of PCI: Deepa Malik

Question: 

Q.1 Which bank signed an MoU with the Paralympic Committee of India (PCI) to be one of the banking partners of the upcoming Paralympic Games?
a. Union Bank of India
b. Indian Bank
c. HDFC Bank
d. SBI

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