YES MSME

January 20, 2021
Current Context: The private sector bank, Yes Bank has rolled out YES MSME.
YES MSME
  • It is a proposition to strengthen MSMEs with fast and easy access to funds and support them with digital solutions. 
  • The Yes Bank under YES MSME programme will offer collateral-free funds up to Rs 5 crore. 
  • The YES MSME programme was launched by Union MSME, Road Transport and Highways Minister, Nitin Gadkari. 
  • The YES MSME proposition will support MSMEs to expand their business, sustain momentum, speed up their growth by offering solutions across lending, deposits, insurance and will offer them digital solutions for branding and marketing purpose.
  • Static Part: 
    • HQ of Yes Bank: Mumbai
    • Tagline of Yes Bank: Experience our Expertise.
    • MD and CEO of Yes Bank: Prashant Kumar

Question: 

Q.1 Who among the following inaugurated YES MSME programme of Yes Bank?
a. Anurag Thakur
b. Nitin Gadkari
c. Nirmala Sitharaman
d. Arvind Kumar Sharma

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