Multiple Choice Questions on Which bank has launched the Aarogyam healthcare business loan scheme for the healthcare sector ........ for General Knowledge ( All Exams) Preparation

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    Which bank has launched the Aarogyam healthcare business loan scheme for the healthcare sector ?

    HDFC Bank

    Incorrect Answer

    State Bank of India

    Correct Answer

    ICICI Bank

    Incorrect Answer

    Kotak Mahindra Bank

    Incorrect Answer
    Explanation:
    • The State Bank of India (SBI) has launched a new business loan scheme titled ‘Aarogyam Loan’ for the healthcare sector, with the aim to extend financial support, during the difficult times of the novel coronavirus pandemic.
    • Under the Aarogyam Loan scheme, beneficiary can avail loans up to Rs. 100 crore, depending on the geographic location. The loan will be repayable in 10 years.
    • The beneficiary will include entire healthcare ecosystem such as hospitals, nursing homes, diagnostic centres, pathology labs, manufacturers, suppliers, importers, logistic firms engaged in critical healthcare supply.
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