Current Affairs - Banking

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
6. 

SBI General Insurance inks corporate agency agreement with which Bank?

A. ICICI Bank
B. Yes Bank
C. Axis Bank
D. HDFC

Answer: Option B

Explanation:

SBI General Insurance and YES Bank have signed a corporate agency agreement. Under the corporate agency agreement, the YES Bank will distribute the general insurer's retail products to its customers. The products of SBI General Insurance Company will be offered to YES BANK's customers across 28 states and 8 Union Territories.

7. 

Which bank appointed Takeo Konishi as Country Director for India?

A. SBI
B. ADB
C. PNB
D. HDFC

Answer: Option B

Explanation:

The Asian Development Bank (ADB) on Monday said it has appointed Takeo Konishi as its new Country Director for India. Konishi succeeds Kenichi Yokoyama who has taken over as Director General of ADB's South Asia Department and will be based at ADB headquarter in Manila, ADB said in a release.

8. 

ICICI lombard announced bancassurance tie-up with which Bank?

A. Axis Bank
B. Yes Bank
C. HDFC
D. SBI

Answer: Option B

Explanation:

ICICI Lombard General Insurance said on Monday it has entered into a bancassurance tie-up with Yes Bank to make insurance more accessible to customers across 28 states and 8 union territories. Sanjeev Mantri, Executive Director of ICICI Lombard, said the company's continuous endeavour is to reach out to consumers and businesses for providing them effective risk management solutions.

9. 

Jane Fraser has recently been appointed as the first female CEO of which bank?

A. Citigroup
B. Bank of America
C. RBI
D. Standard Chartered Bank

Answer: Option A

Explanation:

Jane Fraser will become the first woman to lead a major financial institution in the United States when she takes the reins at Citigroup, the country's third-largest bank. Ms. Fraser, who has been at Citi for 16 years and runs its biggest global division, the consumer bank catering to individual customers, will succeed Michael Corbat as chief executive.

10. 

Which bank has launched a new product named "iStartup 2.0"?

A. HDFC
B. ICICI
C. PNB
D. SBI

Answer: Option B

Explanation:

ICICI Bank has launched a new product named "iStartup 2.0", to cater to the banking needs of startups and entrepreneurs. The programme for startups that takes care of their banking as well as beyond-banking needs such as regulatory assistance, analytics, staffing, accounting, customer acquisition and digital outreach to customers, among others.