Which Bank has announced to launch an exclusive savings account for kids named 'ENJOI'?

RBL Bank

IDFC FIRST Bank

Indian Overseas Bank

Equitas Small Finance

Correct Answer : Equitas Small Finance

* Equitas Small Finance Bank has announced to launch an exclusive savings account for kids named ‘ENJOI’.

* Aim : Encourage the young kids to develop the saving habit early.

* The account will be launched on June 19 to coincide with Father’s Day.

* The ENJOI allow kids of 0-18 years to open savings accounts under the supervision of their parents.

* The bank offers 7% interest for savings balances between ₹5 lakh to ₹2 crore. ..

Source : The Hindu Businessline

Published On : June 17, 2022

Recent Updates in Banking - General Knowledge Questions

Q .

Which bank appointed Amitava Chatterjee as its new MD & CEO, effective December 30, 2024?

Axis Bank

J&K Bank

State Bank of India

Punjab National Bank

Correct Answer : J&K Bank

* Amitava Chatterjee, previously serving as Deputy Managing Director at State Bank of India, has been appointed as the new Managing Director and Chief Executive Officer of J&K Bank.

* He will succeed Baldev Prakash, whose term concludes on December 29, 2024. Chatterjee's tenure as MD & CEO will span three years, beginning December 30, 2024.

Published On : December 27, 2024

Category : Banking

Q .

Which bank partnered with Tata Power Renewable Energy to provide financing for rooftop solar installations under the PM Surya Ghar Scheme?

SBI

HDFC Bank

Bank of Baroda

Canara Bank

Correct Answer : Canara Bank

* Tata Power Renewable Energy has partnered with Canara Bank to offer affordable loans for rooftop solar installations as part of the PM Surya Ghar Scheme.

* This initiative provides financing options with favorable terms, including low-interest rates and long repayment periods, for systems ranging from up to 3 kW to 10 kW capacity.

* The collaboration aims to promote clean energy adoption, supporting India’s renewable energy targets and enabling residential customers to transition to sustainable energy solutions.

Published On : December 22, 2024

Category : Banking

Q .

Which bank collaborated with Times Internet to launch the 'Times Black Credit Card'?

ICICI Bank

Axis Bank

SBI Bank

HDFC Bank

Correct Answer : ICICI Bank

* ICICI Bank partnered with Times Internet to introduce the ‘Times Black ICICI Bank Credit Card,’ a super-premium co-branded card targeting high-net-worth individuals (HNIs) in India.

* Designed with a unique metallic finish, it incorporates exclusive benefits such as global lounge access, concierge services, and a rewards program, catering to the luxurious lifestyle of affluent customers.

Published On : December 22, 2024

Category : Banking