Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 1410)
1410.
Amazon ties up with __________ to offer micro loans to sellers
Bank of Baroda
Corporation Bank
Federal Bank
Karnataka Bank
Answer: Option
Explanation:
Amazon, India's leading e-commerce venture announced that it has joined hands with Bank of Baroda to offer micro loans to its sellers, in India. The loans would be provided for amounts ranging from Rs.1 lakh to Rs.25 lakh. Interest rates would be low around 10.45 % - 11 %. The loans would be given only on invite-basis. Amazon would choose customers based on their performance.
Discussion:
Be the first person to comment on this question !

Post your comments here:

Your comments will be displayed after verification.