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Which banks are collaborate to 'digitise last-mile cash collection system'?
Axis Bank and HDFC Bank
ICICI Bank and Fino Payments Bank
Yes Bank and Kotak Mahindra Bank
Axis Bank and Airtel Payments Bank

Correct Answer : Option (D) - Axis Bank and Airtel Payments Bank

Airtel Payments Bank on Wednesday(29th June 2022) said it has partnered with Axis Bank to "digitise the cash collection system" in small cities and semi-urban regions.
Airtel Payments Bank would leverage the wide reach of its digital-led neighbourhood banking model to support Axis Bank with the digitisation of last-mile cash collections, according to a statement.
"Airtel Payments Bank partners with Axis Bank to digitise last mile cash collection," the statement said..

Source : Outlook India

Published On : June 30, 2022
Category : Banking