Question

    Special Window for Affordable and Mid-Income Housing

    (SWAMIH) Investment Fund I is India’s largest social impact fund for completing stressed and stalled residential projects, it is managed by?
    A Punjab National Bank Correct Answer Incorrect Answer
    B Reserve Bank of India Correct Answer Incorrect Answer
    C SBICAP Ventures Ltd Correct Answer Incorrect Answer
    D HDFC Securities Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund I is India’s largest social impact fund specifically formed for completing stressed and stalled residential projects. The Fund is sponsored by the Ministry of Finance, Government of India, and is managed by SBICAP Ventures Ltd., a State Bank Group company. The Fund has no precedent or comparable peer fund in India or in the global markets.

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