Question

Which of the following public sector bank has launched the Aarogyam healthcare business loan?

A Punjab Nationla Bank Correct Answer Incorrect Answer
B Bank of Maharashtra Correct Answer Incorrect Answer
C State Bank of India Correct Answer Incorrect Answer
D Union Bank of India Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

To provide enhanced support to the healthcare sector amid the pandemic, State Bank of India (SBI) has launched the Aarogyam healthcare business loan. Under the scheme the entire healthcare ecosystem such as hospitals, nursing homes, diagnostic centres, pathology labs, manufacturers, suppliers, importers, logistic firms engaged in critical healthcare supply can avail of loans up to Rs 100 crore (as per the geographic location) repayable in 10 years.

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