Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.65)

65. 

Who launched Bharosa savings account, recently?

[A]. Equitas Small Finance Bank
[B]. Airtel Payments Bank
[C]. State Bank of India
[D]. Kotak Mahindra Bank

Answer: Option B

Explanation:

Airtel Payments Bank launched Bharosa savings account which enables customers to withdraw cash check their balance or access a mini statement of their account at over 6,50,000 Aadhaar-enabled payment system (AePS) enabled outlets across India. These services have been designed for deepening financial inclusion in the country. The benefits of this product will be further amplified through a structured roadway for the phased introduction of other features linked to formal banking.

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