Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1343)

2020-05-20 Banking

1343.

Which of the following Banks has launched a special business vertical dedicated for gold loans to meet the financial needs of its customers due to the COVID-19 pandemic?

UCO Bank

Canara Bank

Indian Bank

Punjab and Sind Bank

Answer: Option

Explanation:

Canara Bank has launched a special business vertical dedicated for gold loans to meet the financial needs of its customers as they are in need of immediate credit support to meet their emergency needs due to the COVID-19 pandemic.