Question

_______of the following banks has launched the first of its kind stressed asset recovery automated solution (SARAS) to accelerate the recovery of bad loans.

A Punjab National Bank Correct Answer Incorrect Answer
B Union Bank of India Correct Answer Incorrect Answer
C Bank of Maharashtra Correct Answer Incorrect Answer
D Bank of India Correct Answer Incorrect Answer
E Indian Bank Correct Answer Incorrect Answer

Solution

It will help in tracking the bad debts, monitoring the recoveries of the stressed assets.

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