- The MoU was signed for granting loans for the healthcare sector.
- They have signed MoU for the SAMRIDH Healthcare Blended Finance Facility with finance of upto USD 150 million.
- The funds will support various health enterprises and innovators.
- The SAMRIDH signifies Sustainable Access to Market and Resources for Innovative Delivery of Healthcare.
- Thus, Axis Bank will grant loans upto USD 150 million through SAMRIDH in order to support the healthcare sector.
- SAMRIDH is supported by USAID and IIT Delhi and the technical support is given by the Principal Scientific Advisor to the GoI, the National Health Authority, and NATHEALTH.
- Static Part:
- HQ of Axis Bank: Mumbai
- MD and CEO of Axis Bank: Amitabh Chaudhry
- HQ of IPE Global Limited: New Delhi
- MD of IPE Global Limited: Ashwajit Singh
Question:
a. ICICI Bank
b. Axis Bank
c. State Bank of India
d. Kotak Mahindra Bank