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Correct Answer : State Bank of India (SBI)
State Bank of India (SBI) has reintroduced a retail term deposit ‘AMRIT KALASH’, a special scheme of 400 days tenor.* Earlier, the bank had launched this retail term deposit scheme with a specific duration and it was valid from February 15, 2023, to March 31, 2023.* The Rate of Interest on this term deposit is 7.10 % w.e.f. April 12th, 2023.* While Senior Citizens are eligible for a rate of interest of 7.60%.SBI Amrit Kalash : The reintroduced scheme is valid from April 12, 2023 to June 30, 2023.Which deposits are eligible for Amrit Kalash : Domestic retail term deposits including NRI Rupee Term Deposits below Rs 2 crore. Applicable for new deposits, renewal deposits, term Deposit and Special term deposit only.How is interest paid : Interest is paid on term deposits at monthly, quarterly, and semi-annual intervals. The maturity interest on special term deposits, net of TDS, will be added to the customer's account...Source : India Times
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.
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.
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.
