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Banking - General Knowledge Questions
Which Bank partners with "SellerApp" to facilitate adoption of ONDC?
A)
Axis Bank
B)
Yes Bank
C)
ICICI Bank
D)
HDFC Bank

Correct Answer :   Yes Bank

* Yes Bank has announced Saturday(13th August 2022) its partnership with SellerApp (a seller-centric intelligence platform) to adopt Open Network Digital Commerce (ONDC).

* This partnership will help them to expand their digital commerce footprint.

* ONDC is a strategic initiative of the Indian government with an aim to democratize the entire digital commerce space.

* The network is also being built as an alternative to e-tailers like Walmart-owned Flipkart and Amazon in the Indian ecommerce market..

Source : Economic Times

Published On : August 17, 2022
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