Question : Which bank has been named as the Best SME Bank of India by Asiamoney?
(A) HDFC Bank
(B) Icici Bank
(C) Axis Bank
(D) Yes Bank
Ans.(A)
- HDFC Bank has been named as the Best SME Bank of India by Asiamoney.
- Asiamoney Best Bank Awards 2021
- This award was presented in March 2021 in which HDFC Bank was adjudged the ‘India’s Best Bank for SMEs’.
- HDFC Bank’s transformation of its micro, small and medium-sized enterprise (MSME) business over the past few years makes it a worthy winner of this award.
- HDFC Bank is the India’s second-largest bank for MSME lending.
- Asiamoney
- It is a financial magazine based in Hong Kong.