Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.202)

202. 

Which bank launched a digital solution, 'Loan in Seconds' for instant disbursement of retail loans?

[A]. IndusInd Bank
[B]. Federal Bank
[C]. Dhanlaxmi Bank
[D]. YES Bank

Answer: Option D

Explanation:

YES Bank launched a digital solution, 'Loan in Seconds' for instant disbursement of retail loans. It is available for the bank's pre-approved liability account holders. The algorithm evaluates the loan application in real-time and eliminates the need for documentation.

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