Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 155)

2024-03-21 Banking

155.

Which bank announced a $250 million lending support for start-ups and 'new economy' companies in India?

Kotak Mahindra Bank

Punjab National Bank

DBS Bank

Axis Bank

Answer: Option

Explanation:

DBS Bank India pledged USD 250 million to support new-age start-ups and 'new economy' companies, demonstrating its commitment to fostering innovation and entrepreneurship in India's start-up ecosystem amid challenges related to capital accessibility.