This bank launches centre for MSMEs in Bengaluru

2019

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	ICICI Bank
B	State Bank of India
C	Dena Bank
D	Yes Bank

Explanation:

Detailed explanation-1: -Mumbai: ICICI Bank announced the launch of a facility that enables retail customers to get loan of up to Rs. 1 crore instantaneously by pledging their holdings in both debt and equity schemes of mutual funds. […]

Detailed explanation-2: -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-3: -Ministry of Micro, small & Medium Enterprises.

Detailed explanation-4: -Owing to the massive reach and networks, banks can guide MSMEs through right collaboration, business protection and knowledge sharing. In India, around 63 million Micro, Small and Medium Enterprises (MSMEs) employ more than 100 million people.

There is 1 question to complete.