Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1809)
1809.
Which bank signed an agreement with SIDBI under which it will act as a preferred financial institution for giving loans to the small and medium enterprising customers?
SBI Bank
Axis bank
Yes Bank
Dhanalakshmi Bank
Answer: Option
Explanation:
Yes Bank has entered into an agreement with SIDBI under which it will act as a preferred financial institution for giving loans to the small and medium enterprising customers. This will facilitate smooth flow of credit in a hassle-free manner to MSME customers availing term loan facility from SIDBI. Small enterprises will also be entitled to use Yes Bank's varied banking solutions.
Discussion:
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