Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1959)
1959.
This bank launched digital Supply Chain Finance to accelerate working capital loan opportunities for the small and medium enterprises.
Bank of India
Lakshmi Vilas Bank
Bank of Baroda
Indian Bank
Answer: Option
Explanation:
Bank of Baroda launched digital Supply Chain Finance solution which aims to accelerate working capital loan opportunities for the small and medium enterprises and large corporate clients. The new product provides a range of supply chain finance products which covers pre- and post-shipment products like dealer and vendor finance. It has been designed to ensure faster approvals, smoother transaction processing and availability of finance to the Small and Medium Enterprises.
Discussion:
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