SIDBI partnered with _______ co-operative bank to empower MSMEs.
This questions was previously asked in
IBPS PO Mains (26th November 2022)
Shivalik Mercantile
Incorrect AnswerSaraswat
Incorrect AnswerAbhyudaya
Incorrect AnswerExplanation:
- The Small Industries Development Bank of India (SIDBI) often partners with banks to support the growth of micro, small, and medium enterprises (MSMEs).
- Option 1: Shivalik Mercantile Co-operative Bank is known for its support in the financial sector but is not linked with SIDBI for this particular tie-up.
- Option 2: Saraswat Co-operative Bank is India's largest urban co-operative bank, focusing on retail and SME banking, but not partnered with SIDBI in this context.
- Option 3: Abhyudaya Co-operative Bank offers various financial services but lacks a recent partnership with SIDBI for MSMEs support.
- Option 4: Bharat Co-operative Bank serves a wide network but there’s no specific recent SIDBI collaboration mentioned.
- ?? Option 5: SVC Co-operative Bank recently partnered with SIDBI to enhance support for MSMEs in India.
By: Parvesh Mehta ProfileResourcesReport error