Topic: Loan
Garuda Aerospace and Union Bank Collaborate to Boost Agriculture with Drones
1. Who has Chennai’s drone startup Garuda Aerospace partnered with? Answer: Garuda Aerospace has partnered with the Union Bank of India. 2. How many Garuda Agri Kisan drones...
RBI Working Group on Digital Lending
The Reserve Bank of India recently constituted a working group on digital lending. The working group was constituted to study all aspects of digital lending activities in the...
ADB Loan for Meghalaya Power Distribution Sector
The Government of India recently signed 133 million USD loan Agreement with the Asian Development Bank. Agreement was signed to strengthen the power distribution sector in the state...
What is PM SVANidhi?
Ministry of Housing & Urban Affairs launched a scheme – PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) on June 1, 2020. The scheme has been launched to empower... PM SVANidhi Scheme: UP secures the top rank
On 26 October, 2020, the Government of India announced that Uttar Pradesh secured the top rank PM SVANidhi Scheme. The state has approved the highest number of loans...
RBI announces Special Liquidity Mutual Funds worth Rs 50,000 crores
On April 27, 2020, the Reserve Bank of India announced the special liquidity facility for mutual funds of Rs 50,000 crores. The Reserve Bank of India is increasing...
SBI unveils emergency credit line for borrowers amid coronavirus outbreak
India’s largest lender State Bank of India has recently unveiled an emergency credit line to meet liquidity mismatch for its borrowers, amid the coronavirus pandemic scare. The additional...
