New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Recently non-banking finance company SV CreditLine and

    which private sector Bank have signed a co-lending collaboration for a ₹500 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 ₹500 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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