Daily Current Affairs on State Bank of India & Godrej Capital sign Memorandum of Understanding to offer banking products & services for CDS Exam Preparation

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State Bank of India & Godrej Capital sign Memorandum of Understanding to offer banking products & services

Godrej Capital and State Bank of India (SBI) have signed a strategic MoU where the bank would provide various financial products and offerings.

  • The two institutions will join together to make financial solutions more accessible and affordable, unlocking opportunities for financial inclusion.
  • The association leverages the strengths of both groups by facilitating a gamut of financial services provided by the bank such as banking products, credit cards, wealth management and insurance products as preferred partners.
  • Godrej Capital has, so far, disbursed over ?5,000 crore since inception in November 2020 across housing, SME, and MSME loans.

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