2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following Banks has launched a special business vertical dedicated for gold loans to meet the financial needs of its customers due to the COVID-19 pandemic?
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UCO Bank
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Canara Bank
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Indian Bank
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Punjab and Sind Bank
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Explanation:
Detailed explanation-1: -Canara Bank on Monday said that it has launched a special business vertical dedicated to gold loans.
Detailed explanation-2: -The gold loan industry has always been attractive due to its lower credit eligibility, high liquidity, and because it can be easily used to procure additional capital during exigencies.
There is 1 question to complete.