Multiple Choice Questions on SIDBI partnered with co operative bank to empower MSMEs ........ for IBPS (PO/SO) Preparation

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    SIDBI partnered with _______ co-operative bank to empower MSMEs.

    This questions was previously asked in
    IBPS PO Mains (26th November 2022)

    Shivalik Mercantile 

    Incorrect Answer

    Saraswat 

    Incorrect Answer

    Abhyudaya

    Incorrect Answer

    Bharat 

    Incorrect Answer

    SVC

    Correct Answer
    Explanation:

    - 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.


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