Which bank developed the PaiSA portal for processing interest subventi – InterviewSolution

InterviewSolution

1.	Which bank developed the PaiSA portal for processing interest subvention on bank loans to beneficiaries under DAY-NULM?
Answer» The government launched a centralised electronic platform for processing interest subvention on bank loans to beneficiaries under Deendayal Antyodaya Yojana - National Urban Livelihoods Mission (DAY-NULM), called 'Paisa'. PAiSA, or `Portal for Affordable Credit and Interest Subvention Access', is a web platform designed and developed by Allahabad Bank, which is the nodal bank.

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