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Srei Equipment Finance and which bank have entered into an agreement for financing the Micro, Small and Medium enterprises (MSME) and agriculture sector?
  • a)
    City Union Bank (CUB)
  • b)
    United Bank of India (UBI)
  • c)
    Indian Overseas Bank (IOB)
  • d)
    Oriental Bank of Commerce (OBC)
  • e)
    None of these.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Srei Equipment Finance and which bank have entered into an agreement f...
The United Bank of India (UBI) and Srei Equipment Finance have entered into an agreement for financing the Micro, Small and Medium enterprises (MSME) and agriculture sector. Under the agreement UBI plans to leverage the co-lending model to offer credit at blended interest rate of 11-12 per cent. The Bank will leverage low its low cost loans with Srei Equipment finance to enable purchase of equipment and vehicle in the seamless manner. The Bank is eying around 200 crore business over the period of three months by this agreement.
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Srei Equipment Finance and which bank have entered into an agreement for financing the Micro, Small and Medium enterprises (MSME) and agriculture sector?a)City Union Bank (CUB)b)United Bank of India (UBI)c)Indian Overseas Bank (IOB)d)Oriental Bank of Commerce (OBC)e)None of these.Correct answer is option 'B'. Can you explain this answer?
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Srei Equipment Finance and which bank have entered into an agreement for financing the Micro, Small and Medium enterprises (MSME) and agriculture sector?a)City Union Bank (CUB)b)United Bank of India (UBI)c)Indian Overseas Bank (IOB)d)Oriental Bank of Commerce (OBC)e)None of these.Correct answer is option 'B'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Srei Equipment Finance and which bank have entered into an agreement for financing the Micro, Small and Medium enterprises (MSME) and agriculture sector?a)City Union Bank (CUB)b)United Bank of India (UBI)c)Indian Overseas Bank (IOB)d)Oriental Bank of Commerce (OBC)e)None of these.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Srei Equipment Finance and which bank have entered into an agreement for financing the Micro, Small and Medium enterprises (MSME) and agriculture sector?a)City Union Bank (CUB)b)United Bank of India (UBI)c)Indian Overseas Bank (IOB)d)Oriental Bank of Commerce (OBC)e)None of these.Correct answer is option 'B'. Can you explain this answer?.
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