Question:Bank of Maharashtra has recently (February 2021) partnered with Vayana Network to offer —
(a)help MSMEs
(b)help BPL families
(c)help students
(d)None of the above
Answer- a
Related facts
- Bank of Maharashtra has recently (February, 2021) partnered with Vayana Network to offer help MSMEs.
- Vayana Network is a fintech company.
- It is India’s largest supply chain financing platform offering financial support to MSMEs.
- Mahabank Channel Financing Scheme
- Through this partnership, Bank of Maharashtra has launched the Mahabank Channel Financing Scheme to provide short-term credit to meet funding requirement of dealers and vendors of corporates.
By — Pankaj Pandey.