2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following Small Finance Bank (SFB) has been awarded the prestigious Celent Model Bank 2019 Award in the category of Financial Inclusion, for ‘Redesigning Lending to Reach Small Businesses’?
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A U Small Finance Bank
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Fincare Small Finance Bank
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Equitas Small Finance Bank
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Utkarsh Small Finance Bank
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ESAF Small Finance Bank
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Explanation:
Detailed explanation-1: -Notes: Capital Small Finance Bank Ltd is the country’s first small finance bank opened in Jalandhar.
Detailed explanation-2: -Capital Small Finance Bank (erstwhile Capital Local Area Bank) is the India’s first small finance bank founded in April 2016 as a microfinance lender, with its headquarters in Jalandhar, India.
Detailed explanation-3: -One of the top Small Finance Banks (SFB) in India is Equitas Bank.
Detailed explanation-4: -ESAF Small Finance Bank (ESAF SFB) As on 31st March 2022 ESAF Small Finance Bank has 575 banking outlets spread across 21 States and 2 Union Territories.
There is 1 question to complete.