2020
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank has launched Kirishi Overdraft scheme?
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Telangana Bank
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DBS
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Karnataka Vikas Grameen Bank
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HDFC Bank
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Explanation:
Detailed explanation-1: -About Karnataka Vikas Grameena Bank (KVGB):
Detailed explanation-2: -"VIKAS KISAN OVERDRAFT", A NEW CREDIT FACILITY FOR FARMERS | Karnataka Vikas Grameena Bank.
Detailed explanation-3: -SBI offers Overdraft (OD) account against your existing NRE / NRO deposit through internet banking.
Detailed explanation-4: -NABARD - National Bank For Agriculture And Rural Development.
Detailed explanation-5: -An overdraft facility in a Current Account allows you to withdraw from even though the balance is zero. It is a form of extension of a stipulated limit offered by banks; the said amount of funds is known as overdrawn.
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