Which of the following bank has designed and developed PaiSA portal for quicker processing of loans under the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission ?

Options

A. Punjab National Bank
B. State Bank of India
C. Allahabad Bank
D. Vijaya Bank

Answer

C

Explanation

The union ministry of housing and urban affairs has launched the 'PAiSA'- portal for Affordable credit and interest subvention access, a centralised electronic platform for quicker processing of loans under the deendayal antyodaya yojana-National urban livelihoods mission (DAY-NULM). The web platform was designed and developeby allahabad bank, the nodal bank under the scheme.