CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has signed a MOU with the SIDBI to enable MSMEs to apply online for onetime restructuring?
A
BoB
B
HDFC Bank
C
SBI
D
YES Bank
Explanation: 

Detailed explanation-1: -Indian Bank has signed a MoU(Memorandum of Understanding) with SIDBI to enable MSME borrowers to use the web module.

Detailed explanation-2: -Earlier, Rajasthan had partnered with SIDBI to develop MSME ecosystem.

Detailed explanation-3: -Small Industries Development Bank of India (SIDBI) provides financial loans to MSMEs and helps them in the promotion, development and maintenance of their business in India.

There is 1 question to complete.