Which bank has signed a co-lending agreement with U GRO Capital to provide INR 1

Question

Which bank has signed a co-lending agreement with U GRO Capital to provide INR 1000 crore formal credit to underserved MSMEs at affordable rates?

Options:

A . IndusInd Bank

B . Central Bank of India

C . Indian Overseas Bank

D . Bank of Baroda

Answer: Option B

Central Bank of India signed a co-lending agreement with U GRO Capital, an MSME lending fintech platform, to provide INR 1000 crore formal credit to underserved MSMEs at affordable rates across all products categories of U GRO Capital.

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