2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank sets up centralised hub ‘Cen-MARG’ to process retail and MSME loans?
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Canara Bank
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Punjab & Sind Bank
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Yes Bank
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Syndicate Bank
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Explanation:
Detailed explanation-1: -Punjab & Sind Bank has set up the Centralised MSME & Retail Group (Cen-MARG) for credit facilities at its head office in the national capital. Now, all MSME and retail credit approvals will be performed at this centralised set up.
Detailed explanation-2: -The full form of PSB is Punjab & Sind Bank. PSB is a bank owned by the government, and its headquarter is situated in New Delhi.
There is 1 question to complete.