- They have partnered to digitise offline retailers and small businesses in India.
- Under this partnership, Ujjivan SFB will provide a mobile app called ‘nLincs’ to the current account holders who are the owners of local businesses, which will allow them to sell their products in an online manner.
- The nLincs app is developed by nStore.
- This partnership will prove beneficial to Kirana, general stores, medical shops, fruits and vegetable shops etc.
- Through nLincs, the small business owners can register themselves and launch their product catalogue to have the sale of their products.
- Static Part:
- HQ of Ujjivan SFB: Bengaluru, Karnataka
- HQ of nStore: Chennai, TN
Question:
Q.1 Which SFB partnered with nStore to digitise offline retailers and small businesses in India?
a. Suryoday Small Finance Bank
b. Equitas Small Finance Bank
c. Ujjivan Small Finance Bank
d. Utkarsh Small Finance Bank
a. Suryoday Small Finance Bank
b. Equitas Small Finance Bank
c. Ujjivan Small Finance Bank
d. Utkarsh Small Finance Bank