CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank Launches Online Overdraft Facility For MSME Customers?
A
State Bank of india
B
Dena Bank
C
ICICI Bank
D
Andhra Bank
Explanation: 

Detailed explanation-1: -InstaOD Plus - Protect Your Business with Insta Overdraft Facility at ICICI Bank.

Detailed explanation-2: -ICICI Bank has launched instant overdraft ‘InstaOD’ facility for MSME (Micro, Small and Medium Enterprises) customers in a completely online and paperless manner. Customers can get overdraft facility up to Rs 15 lakh for a year anytime, anywhere using the bank’s Internet and mobile banking app.

Detailed explanation-3: -ICICI Bank has launched an overdraft facility, Insta FlexiCash, for its salaried account customers.

Detailed explanation-4: -ICICI Bank has launched India’s first comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country, offering complete range of enhanced banking and value-added services at one place.

Detailed explanation-5: -Overdraft from SBI SBI offers Overdraft (OD) account against your existing NRE / NRO deposit through internet banking. Overdraft limit is not allowed to be changed by the customer.

There is 1 question to complete.