Question

    Which bank has  entered into a partnership with ITC

    Limited to offer the bank’s lending products and services to farmers who are a part of ITC’s agriculture eco-system?
    A Federal Bank Correct Answer Incorrect Answer
    B ICICI Bank Correct Answer Incorrect Answer
    C Axis Bank Correct Answer Incorrect Answer
    D HDFC Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Axis Bank entered into a partnership with ITC Limited to offer the bank’s lending products and services to farmers who are a part of ITC’s agriculture eco-system.The deal will enable Axis Bank to cater to the financial requirements of the unserved and under-served farmers based in the remote regions of the country. Axis Bank will leverage ITCMAARS (Meta Market for Advanced Agricultural Rural Services), a full-stack Agri-tech application for reaching out to the farmers and addressing their financial requirements.

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