Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1512)
1512.
With which bank, ECL Finance tied up for MSME loans?
Dena Bank
Bank of Baroda
Punjab National Bank
Canara Bank
Answer: Option
Explanation:
The Bank of Baroda (BoB) and ECL Finance, the flagship non-banking financial company of Edelweiss Group, signed an agreement to form a strategic partnership to explore co-lending opportunities. They will offer loans and expertise for the growing needs of Micro, Small and Medium Enterprises (MSME), self-employed and priority sector groups. They will provide timely delivery of credit to customers at a significantly lower cost.
Discussion:
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