Co-lending Agreement signed Between SBI and CGCL

November 30, 2021
Current Context: The co-lending arrangement was signed between State Bank of India (SBI) and Capri Global Capital Limited (CGCL).
Co-lending Agreement signed Between SBI and CGCL
  • They have partnered to boost MSME lending in India.
  • Both the entities will offer strategic and customized financing solutions to the underserved MSMEs in the country.
  • The agreement was signed under the guidelines directed by RBI in November 2020.
  • The funds will be granted by SBI and operations will be managed by CGSL.
  • Static Part: 
    • HQ of SBI and CGCL: Mumbai

Question: 

Q.1 Which bank signed a co-lending arrangement with Capri Global Capital Limited (CGCL) to boost MSME lending in India?
a. Kotak Mahindra Bank
b. Indian Bank
c. State Bank of India
d. Indian Overseas Bank

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience