Correct Answer : SBI
The Ministry of Electronics & Information Technology (MeitY) has released the list of “Digital Payment Scorecard”. In the list, the State Bank of India (SBI) has topped for the third consecutive months.
Correct Answer : Imperial Bank of India
The Presidency banks viz. Bank of Bengal, Bank of Bombay and Bank of Madras amalgamated on January 27, 1921 and the Imperial Bank of India was formed under the Imperial Bank of India Act, 1920. After Independence, the Imperial Bank of India was nationalized under the State Bank of India Act, 1955 and State Bank of India (SBI) was formed.
Correct Answer : Economist Intelligence Unit
The Global Livability Index 2021 is released by the Economist's Intelligence Unit to rank 140 cities globally to measure the quality of life of the people, based on the challenges presented to an individual's lifestyle in the past year.
Correct Answer : BOI and PNB
The RBI has imposed monetary penalty aggregating to Rs 6 crore on Bank of India and Punjab National Bank for contravention of norms related to "Frauds Classification and Reporting".
Correct Answer : Benchmark Prime Lending Rate
Benchmark Prime Lending Rate is the rate at which commercial banks charge their customers who are most creditworthy. According to the Reserve Bank of India (RBI), banks can fix the BPLR with the approval of their Boards.
Correct Answer : ICICI Bank
The ICICI Bank has tied up with Society for Worldwide Interbank Financial Telecommunications to offer the facility called 'SWIFT gpi instant', for cross border inward payments.
Correct Answer : Yes Bank
The report titled 'India GDP: Marathon effort ahead' prepared by Yes Bank.
Correct Answer : Wholesale Banking
Wholesale banking involves banking services for high net-worth clients like corporate, commercial banks, mid-size companies etc.
The Private sector lender ICICI Bank has launched a unique facility, which allows linking a UPI ID with its digital wallet, 'Pockets'.
Correct Answer : Off Site Surveillance and Monitoring System
OSMOS refers to Off Site Surveillance and Monitoring System. The RBI requires banks to submit detailed and structured information periodically under OSMOS. On the basis of OSMOS, RBI analyzes the health of the banks.
