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Banking - General Knowledge Questions
Which Bank became the first foreign bank in India to launch 'ONDC in a Box'?
A)
Scotiabank
B)
CTBC Bank
C)
Standard Chartered
D)
HSBC India

Correct Answer :   HSBC India

Hong Kong and Shanghai Banking Corporation (HSBC) Limited became the first foreign bank in India to launch 'ONDC in a Box', a one-stop-shop proposition for corporates towards seamless enablement on ONDC.

Aim :  To foster an inclusive, competitive, and open network, amplifying its impact across the business spectrum.

* The ONDC is an initiative to build an open, interoperable network on which buyers and sellers can transact without needing to be present on the same platform.

Source : HSBC

Published On : September 11, 2023
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