CURRENT AFFAIRS QUIZ - 2019
With which bank, ECL Finance tied up for MSME loans?
A)
Bank of Baroda
B)
Dena Bank
C)
Canara Bank
D)
Punjab National Bank

Correct Answer : Option (A) - Bank of Baroda

Note : The Bank of Baroda (BoB) and ECL Finance, the flagship non-banking financial company of Edelweiss Group, signed an agreement to form a strategic partnership to explore co-lending opportunities. They will offer loans and expertise for the growing needs of Micro, Small and Medium Enterprises (MSME), self-employed and priority sector groups. They will provide timely delivery of credit to customers at a significantly lower cost.