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Current Affairs - 2019
Which bank has sanctioned a loan Rs 689 crore to over 1,600 Micro, Small and Medium Enterprises (MSMEs)?
A)
Axis Bank
B)
Bank of Baroda
C)
Union Bank of India
D)
Punjab National Bank

Correct Answer :   Punjab National Bank


State-owned Punjab National Bank (PNB) has sanctioned loans worth Rs 689 crore to over 1,600 Micro, Small and Medium Enterprises (MSMEs) through the psbloansin59minutes.com portal as part of its effort to promote such industries. Under the Mudra Yojana, the bank has offered loan to over 2.69 lakh small entrepreneurs this fiscal (till February 14, 2019).

Published On : July 11, 2021
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