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Which bank has signed agreement with CDSL Commodity Repository (CCRL)?
  • a)
    ICICI Bank
  • b)
    Axis Bank
  • c)
    Punjab National Bank
  • d)
    Bank Of Baroda
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which bank has signed agreement with CDSL Commodity Repository (CCRL)?...
Bank Of Baroda has signed agreement with CDSL Commodity Repository (CCRL). This agreement is for pledge financeunder the repository ecosystem for registered/accredited warehouses. The new ecosystem will boost confidence among bankers and other stakeholders like depositors and warehouse service providers. BOB becomes the firstpublic sector bank to become the repository participant.
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Which bank has signed agreement with CDSL Commodity Repository (CCRL)?a)ICICI Bankb)Axis Bankc)Punjab National Bankd)Bank Of BarodaCorrect answer is option 'D'. Can you explain this answer?
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