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| 1. |
Amazon ties up with __________ to offer micro loans to sellers |
| Answer» Amazon, India's leading e-commerce venture announced that it has joined hands with Bank of Baroda to offer micro loans to its sellers, in India. The loans would be provided for amounts ranging from Rs.1 lakh to Rs.25 lakh. Interest rates would be low around 10.45 % - 11 %. The loans would be given only on invite-basis. Amazon would choose customers based on their performance. | |