Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1293)
1293.
Which bank in partnership with Computer Age Management Services launched 'Insta Loans against Mutual Funds', a facility for retail customers to avail loans upto Rs 1 crore?
Bank of Maharashtra
ICICI Bank
HDFC Bank
Indian Bank
Answer: Option
Explanation:
ICICI Bank in partnership with Computer Age Management Services(CAMS) launched 'Insta Loans against Mutual Funds', a facility for retail customers to avail loans upto Rs 1 crore instantly by pledging their holdings in both debt and equity Mutual Funds(MFs).
Discussion:
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