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

    Question

    Which small finance bank has collaborated with Water.org

    that will be offer loans to existing as well as new customers of the bank starting from Rs 6,000 up to Rs 1,00,000 to enable them to construct and/or renovate water and sanitation facilities?
    A Jana Small Finance Bank Correct Answer Incorrect Answer
    B Ujjivan Small Finance Bank Correct Answer Incorrect Answer
    C Equitas Small Finance Bank Correct Answer Incorrect Answer
    D AU Small Finance Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ujjivan Small Finance Bank has partnered with Water.org, a global non-profit organisation that helps people get access to safe water and sanitation through affordable financing, such as small loans. Under the partnership, Water.org will assist Ujjivan SFB in identifying areas that require financing for clean water and hygienic sanitation. Water.org will provide technical assistance, market assessment, development of Information, Education and Communication (IEC) material, monitoring and evaluation support. To support the cause, Ujjivan SFB will be offering loans to existing as well as new customers starting from Rs 6,000 up to Rs 1,00,000 to enable them to construct and/or renovate water and sanitation facilities.

    Practice Next