Which bank lead the consortium of 6 banks which signed a deal with Uttar Pradesh Expressway Industrial Development Authority to fund the Bundelkhand Expressway project?
Answer with explanationAnswer: Option D
The Uttar Pradesh Expressway Industrial Development Authority (UPEIDA) signed a deal with the consortium of 6 banks led by Bank of Baroda (BoB) for funding construction of Bundelkhand Expressway project. The consortium of banks includes Bank of Baroda, Union Bank of India, Bank of Maharashtra, Indian Bank, Bank of India and UCO Bank. Bank of Baroda accepted the leadership of this consortium. UPEIDA, which is responsible for the construction of the Bundelkhand Expressway project, has taken a loan of Rs.5900 crores from 6 banks.
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