Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 841)

2021-08-09 Banking

841.

Which bank enters into partnership with Dhanvarsha Finance Ltd (DFL) to offer loans against gold ornaments?

PNB

SBI

CBoI

HDFC

Answer: Option

Explanation:

Central Bank of India (CBoI) has entered into a strategic co-lending partnership with Dhanvarsha Finvest Ltd (DFL) to offer loans against gold ornaments under priority sector to Micro, Small and Medium Enterprise (MSME) borrowers at competitive rates.