SBI Signed MoU with IMGC
- India’s largest Public sector bank SBI and India Mortgage Guarantee Corporation (IMGC) has signed an agreement to offer mortgage guarantee scheme for planned non-salaried and self-employed home loan clients.
- The offering will further increase home loan eligibility up to 15 percent within the administrative criteria.
- India Mortgage Guarantee Corporation (IMGC) is India’s first Mortgage Guarantee Company which facilitates Mortgage Guarantee.
Axis Bank Opens Representative Office in Sharjah
- Axis Bank, India’s private sector bank, has opened a new representative branch in Sharjah, UAE.
- It is to offer better in the emirate world and to increase its retail facilities to clients in the neighbouring northern emirates country.
- This is the third Axis Bank branch in the UAE after Dubai and Abu Dhabi.
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- http://www.bankexamstoday.com/2018/05/banking-and-financial-awareness-april_2.html
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