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Today General Knowledge(GK)
Which company has launched 'Loan Against Shares' an end-to-end integrated digital financial offering?
A)
Tata Capital Ltd
B)
LIC Housing Finance
C)
L&T Financial Services
D)
Bajaj Finserv Ltd.

Correct Answer : Option (A) - Tata Capital Ltd



The Tata Capital Ltd has launched ‘Loan Against Shares’ an end-to-end integrated digital financial offering.

Aims : To provide customers with an easy and seamless experience

Through this facility the customers can avail loans up to ₹5 crores by simply pledging their dematerialised shares online, facilitated by NSDL.

The loan amount can be customized based on the value of shares in the portfolio of the customer..

Source : Mint

Published On : May 24, 2022
Category : Business and Economics
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