With which bank the IOCL has inked India's First LIBOR Alternative Rate Deal?

1. 

With which bank the IOCL has inked India's First LIBOR Alternative Rate Deal?
[A]. State Bank of India
[B]. Axis Bank
[C]. ICICI Bank
[D]. RBL Bank

Answer: Option A

Explanation:

The State Bank of India (SBI) and Indian Oil Corporation Limited (IOCL) will sign the first Secured Overnight Financing Rate (SOFR) linked external commercial borrowing (ECB) deal.

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