Vedanta Partnered with Union Bank of India

Current Context: Vedanta has partnered with the Union Bank of India.

• They have partnered with a facility of Rs 8000 crore at 7.75% to take over the majority of the syndicated facility.
• In 2020, Vedanta Ltd had tied up a syndicated facility of Rs 10,000 crore with the State Bank of India as the lead bank at a running cost of 10.5%.
• But after various discussions with leaders, Vedanta tied up a facility of Rs 8,000 crore which is the replacement facility with Union Bank to take over the majority of the Syndicated Facility.
• Static Part: 
• Syndicated Facility: It is the loan granted by a number of lenders to a borrower under common norms
• HQ of Union Bank of India: Mumbai
• Tagline of Union Bank of India: Good people to bank with

Question: 

Q.1 Vedanta tied up with Rs 8000 crore facility with _____ to take over the majority of Syndicated facility?
a. South Indian Bank
b. Bank of Baroda
c. Union Bank of India
d. Canara Bank