Correct Answer : Central Bank of India and IOB
The Government think-tank NITI Aayog has recommended the names of Central Bank of India and Indian Overseas Bank for privatization in the current fiscal.
Correct Answer : All of the Above
Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to describe a form of asset based lending against accounts receivable.
Correct Answer : HDFC
Housing Development Finance Corporation Ltd ( HDFC ) is the largest and the best home loan company in India based on Turnover.
Correct Answer : Shivalik Small Finance Bank
The Bharti AXA General launches Health Advantage; this alliance will enable over 4.5 lakh customers of Shivalik Bank to access the range of products offered by the company to provide financial security.
Correct Answer : Canara Bank
The Canara Bank introduced three loan initiatives Chikitsa, Jeevanrekha and Suraksha for its customers to help them cope with the corona virus outbreak.
Correct Answer : Mumbai
Correct Answer : Union Bank of India
The LIC has hiked its stake to 5.06% in state-run Union Bank of India with acquisition of nearly 2% additional stake in the bank.
Correct Answer : 1957
It was in September, 1955 that the Indian Coinage Act was amended for the country to adopt a metric system for coinage. The Act came into force with effect from 1 April 1957, after which anna and pice denominations were demonetised.
Correct Answer : HSBC
HSBC India has launched digital banking solutions for its corporate customers. “HSBC SmartServe and HSBC IntelliSign are first-of-its-kind digital solutions aimed at ensuring a quick, secure and seamless on-boarding process for corporate clients,” it said in a statement on 19-May-2021.
Correct Answer : 2005
BPSS was established in 2005 to regulate and supervise the payment and settlement systems. It is one of the two assistive bodies to Central Board of Directors.
