Central Bank of India signed Co-Lending Agreement with U GRO Capital

Current Context: The Central Bank of India has signed a co-lending agreement with U GRO Capital.

• Under this, it aims to disburse up to Rs 1,000 crore to the MSMEs in the one-year time span.
• The amount will be disbursed to U GRO Capital’s varied MSME segments.
• The agreement will function under programs like Pratham, Sanjeevani, Saathi, GRO MSME, and machinery financing.
• The co-lending support will be granted through the GRO-Xstream platform by the Central Bank of India with the loans originated by U GRO Capital’s distribution network.
• Static Part: 
• HQ of Central Bank of India: Mumbai

Question: 

Q.1 Which bank signed a co-lending agreement with U GRO Capital to disburse up to Rs 1,000 crore to the MSMEs?
a. Union Bank of India
b. Central Bank of India
c. Bank of Baroda
d. Karnataka Bank