Question

Which public sector bank has won the National MSME Excellence Award 2017?
[A] Punjab National Bank
[B] Corporation Bank
[C] ICICI Bank
[D] State Bank of India

Answer 1

Correct option B)   The Mangalore-based public sector lender, Corporation Bank has won the ‘National MSME Excellence Award 2017’ at a function in New Delhi for playing constructive role in the MSME sector viz. online loan facility for MSME borrowers, online facility for revival and rehabilitation of MSME, campaign for growth with various concessions and collateral free loans up to Rs 2 crore under Credit Guarantee Scheme (CGS), etc. The award is instituted by the Federation of Industry Trade and Services (FITS), which is a national industry body working in the form of a bridge between the industry and the state and central governments.

Answer 2

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Option.B

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