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    Question

    What was the primary focus of HDFC Bank securing USD 500

    million recently (in May 2024) from the International Finance Corporation?  
    A Infrastructure Development Correct Answer Incorrect Answer
    B Renewable Energy Projects Correct Answer Incorrect Answer
    C Microloans to Self-Help Groups Correct Answer Incorrect Answer
    D Foreign Trade Expansion Correct Answer Incorrect Answer
    E MSME Growth Loans Correct Answer Incorrect Answer

    Solution

    HDFC Bank secured funding from the International Finance Corporation to provide microloans to Self-Help Groups, empowering rural women and small businesses to boost financial inclusion.

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