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The Central Bank of India Ltd’s shares rose 3.26 per cent after the company established a Co- Lending Partnership with Kisetsu Saison Finance (India) Private Limited, focusing on providing competitive MSME Loans. This collaboration aims to foster the expansion of portfolios for both entities. Under the agreement, Kisetsu Saison Finance will originate and process MSME loan proposals, with the Central Bank of India acquiring 80 per cent of these loans under mutually agreed terms. The partnership is anticipated to enhance customer experience and broaden their collective presence across India.
What is the purpose of Operation Ajay launched by India?
Consider the following statement about Credit Guarantee Fund Trust for Micro and Small Enterprises:
1. Credit Guarantee Trust for Micro and Sma...
What is RAPIDX and which routes does it connect?
I. India's first bullet train connecting Delhi to Mumbai
II. India's first semi-high-spee...
Which state has become the first state to release its own Wildlife Action plan (2021-30).?
A Multi Asset Allocation Fund is set to be launched that will bet on a mix of asset classes like domestic equities, international stocks, debt instrumen...
What is the currency of Bhutan besides the Bhutanese Ngultrum?
What is the maximum transaction limit allowed through the smartwatch launched by Airtel Payments Bank in collaboration with Noise and Mastercard?
What was the growth rate in India's total coking coal imports in Q1FY25 compared to the previous fiscal period?
How much did NLC India Ltd contribute to the Tamil Nadu Chief Minister's Public Relief Fund for flood - affected people?
Lupin Limited has launched its new state-of-the-art Regional Reference Laboratory in ________ as part of the expansion of its diagnostics network.