ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    тЪб Month End Offer - Flat 52% Off On All Courses! Enroll Now тЪб
    00:00:00 AM Left

    Question

    SIDBI has partnered with ___________ to connect the

    informal rural microenterprises with the formal financial sector to help them digitise their business activities, and access formal credit.
    A Fino Payments Bank Correct Answer Incorrect Answer
    B India Post Payments Bank Correct Answer Incorrect Answer
    C NSDL Payments Bank Correct Answer Incorrect Answer
    D Airtel Payments Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    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 SIDBIтАЩs 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.

    Practice Next
    More Beepedia Questions
    ask-question