Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1813)
1813.
Name the bank which has launched its Digital Loans against Mutual Funds in partnership with transfer agent CAM.
Answer: Option
Explanation:
HDFC Bank has launched its Digital Loans against Mutual Funds in partnership with transfer agent CAM. Customers will be able to leverage their mutual fund portfolio to avail funds for any emergencies without liquidating their investments. The ticket size of the loans will range from Rs 1 lakh to Rs 1 crore at an interest rate of 10.5 -11%.
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