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    Question

    Which Indian bank recently became the first to execute an export finance transaction on RXIL’s International Trade Financing Services Platform (ITFS)?

    A HDFC Bank Correct Answer Incorrect Answer
    B ICICI Bank Correct Answer Incorrect Answer
    C YES BANK Correct Answer Incorrect Answer
    D Axis Bank Correct Answer Incorrect Answer
    E State Bank of India Correct Answer Incorrect Answer

    Solution

    Explanation:

    YES BANK has become the first Indian bank to execute an export finance transaction on RXIL’s ITFS platform, aiming to facilitate credit arrangements for exporters and importers globally.

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