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Federal Bank signed MoU with Schwing Stetter

Published on December 31, 2021
Current Context: The Federal Bank signed MoU with Schwing Stetter (India) which is a Subsidiary of Schwing GMBH, Germany.
Federal Bank signed MoU with Schwing Stetter
  • The MoU was signed to offer customized financial solutions to their customers.
  • They will offer Commercial Equipment loans with affordable monthly repayment plans.
  • The federal bank will also be able to use advanced technology for enhancing customer experience through this partnership.
  • Due to this partnership, the bank will be able to provide financial solutions by leveraging its platform to reach vast customers of Schwing Stetter India and its dealers.
  • Static Part: 
    • HQ of Federal Bank: Aluva, Kerala
    • Tagline of Federal Bank: Your Perfect Banking Partner


Q.1 Which bank signed MoU with Schwing Stetter (India) to offer customized financial solutions?
a. HDFC Bank
b. South Indian Bank
c. Federal Bank
d. Axis Bank

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