BSE signs MoU with Yes Bank

Published on September 30, 2020
Current Context: The Bombay Stock Exchange (BSE) has signed MoU with private sector bank, Yes Bank. 
BSE signs MoU with Yes Bank
  • The MoU is signed to empower SMEs (Small and Medium Enterprises). 
  • Under this MoU, BSE and Yes Bank will work together to empower SMEs by making them more competitive, develop solutions for their growth and will address the challenges of SMEs. 
  • They will conduct knowledge events and will also arrange export promotion facilities for SMEs. 
  • SMEs will also be guided with finance solution and support by BSE and Yes Bank.
  • Customized services and products of Yes Bank will be offered to the SMEs which are listed under the BSE platform.
  • Static Part: 
    • HQ of BSE: Mumbai
    • MD and CEO of BSE: Ashish Kumar Chauhan
    • HQ of Yes Bank: Mumbai
    • Tagline of Yes Bank: Experience our Expertise
    • MD and CEO of Yes Bank: Prashant Kumar

Question: 

Q.1 With which bank, BSE signed MOU to empower SMEs?
a. HDFC Bank
b. Union Bank of India
c. UCO Bank 
d. Yes Bank

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