- 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:
a. Kotak Mahindra Bank
b. Indian Bank
c. State Bank of India
d. Indian Overseas Bank