Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.104)

104. 

Which bank set up new vertical "Emerging Entrepreneurs Business"?

[A]. Bandhan Bank
[B]. PNB
[C]. SDB
[D]. ADB

Answer: Option A

Explanation:

Bandhan Bank has set up a new vertical called "Emerging Entrepreneurs Business (EEB)". The new vertical has been launched to support the emerging needs of the unbanked and underbanked segment of customers. The vertical will focus on supporting this segment of customers in their journey to becoming entrepreneurs. In addition to micro loans, the vertical will also manage micro home loan, micro bazaar loan and micro enterprise loan.

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