Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1694)
1694.
Which small finance bank launches personal loan facility for salaried individuals?
Equitas Small Finance Bank
Ujjivan Small Finance Bank
Small Indus Development Finance Bank
Jana Small Finance Bank
Answer: Option
Explanation:
he Ujjivan small finance bank a wholly owned subsidiary of Ujjivan Financial Services Limited introduced a new personal loan scheme for salaried individuals. The 14 tier I and tier II locations where the product will be launched are Ahmedabad, Bengaluru, Delhi, Kolkata, Pune, Surat, Mumbai, Mysore, Ankaleshwar, Coimbatore, Kochi, Chennai and Vadodara. Personal loans starting from Rs 50,000up to Rs 15 lakhs will be offered to salaried professionals who are earning a monthly salary above Rs 15,000.
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