Small Industries Development Bank of India has entered into a partnership with the Indian Post Payments Bank (IPPB), a division of the Indian Post. The partnership aims to connect the informal rural microenterprises with the formal financial sector to help them digitise their business activities, and access formal credit. IPPB will support SIDBI’s customers to adopt digitisation through its merchant onboarding systems and help provide UPI and QR-based solutions, etc. Furthermore, upskilling the Dak Sevaks in supporting credit facilities to micro-enterprises will also be undertaken by the partnership.
Consider the following statements regarding bridge loan:
(A) It is a loan made by a bank for a longer period to make up for permanent shortage of...
Who regulates ‘Commodities Derivatives Market’ in India?
Finance Commission of India was formed to define the financial relation between the ------ and ------
At present, how many regional rural banks are functioning in the India?
Which of the following cards is also known as ‘Check Card’?
RBI has decided that the farmers can avail short term crop loans of up to Rs 3 lakh at a subsidized rate of interest _____.
Record of all financial transaction related to individual asset, organisation is called?
KYC guidelines followed by the Banks have been framed on the recommendations of the ______
RBI recently reduced the risk weightage on home loans above Rs 75 lakh from 75% to
Axis Bank has its Head office in __________ and Registered office in _________ .
