Under the Trade Assistance Programme (TAP), which bank has declared that it has inked a deal with Export-Import Bank of India (India Exim Bank) to facilitate cross-border trade transactions?

Question

ICICI Bank
Axis Bank
RBL Bank
IDBI Bank

Solutons With Key Points

Answer- C

In a bid to simplify cross-border commercial transactions, RBL Bank, a private financial institution, has announced that it has partnered with Export-Import Bank of India (India Exim Bank) under the Trade Assistance Programme (TAP).

India Exim Bank's Trade Assistance Programme (TAP) offers credit enhancement to trade instruments with the aim of promoting India's exports globally.