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      Question

      Recently non-banking finance company SV CreditLine and

      which private sector Bank have signed a co-lending collaboration for a β‚Ή500 crore loan targeted solely towards women borrowers?
      A IndusInd Bank Correct Answer Incorrect Answer
      B HDFC Bank Correct Answer Incorrect Answer
      C Axis Bank Correct Answer Incorrect Answer
      D Yes Bank Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      The non-banking finance company SV CreditLine and IndusInd Bank have signed a co-lending collaboration for a β‚Ή500 crore loan targeted solely towards women borrowers. The agreement will help rural women access to affordable loans which they could use for a wide range of economic activities such as agriculture, animal husbandry, trading and local manufacturing, among others.

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