Question
The US Agency for International Development (USAID) will sponsor a $50 million loan portfolio guarantee to which bank to support increased financial access to women borrowers and MSMEs in India?
Answer: Option C
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The US Agency for International Development (USAID) and the US International Development Finance Corporation (DFC) said they would jointly sponsor a $50 million loan portfolio to guarantee to Kotak Mahindra Bank to support increased financial access to women borrowers, and micro, small and medium enterprises (MSMEs) in India.
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