Current Affairs - Banking
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Exercise : Banking - Latest Current Affairs
- Banking - Latest Current Affairs
1.
Which Indian bank is implementing an innovative approach to prevent loan defaults by surprising potential defaulters with chocolates during unannounced home visits?
Answer: Option
Explanation:
SBI, India's largest public sector bank, is implementing the unique approach of surprising potential loan defaulters with chocolates during unannounced home visits to prevent loan defaults.
Date : 2023-09-19
2.
Which investment firm acquired 5 crore shares of IDFC First Bank in a block deal on September 11, 2023?
Answer: Option
Explanation:
GQG Partners, a US-based investment firm, acquired 5 crore shares of IDFC First Bank in a block deal on September 11, 2023.
Date : 2023-09-15
3.
Who has received RBI approval for re-appointment as the Managing Director and Chief Executive Officer (MD and CEO) of ICICI Bank?
Answer: Option
Explanation:
Sandeep Bakshi has received RBI approval for his re-appointment as the Managing Director and Chief Executive Officer (MD and CEO) of ICICI Bank, ensuring leadership continuity and stability for the bank.
Date : 2023-09-12
4.
Which bank has received RBI approval to make I-Process Services as its wholly-owned subsidiary?
Answer: Option
Explanation:
ICICI Bank has received RBI approval to make I-Process Services (India) Pvt Ltd (I-Process) as its wholly-owned subsidiary. The bank currently holds a 19% stake in iProcess.
Date : 2023-09-11
5.
Which country launched its inaugural Islamic banking pilot program on September 1, aiming to explore Shariah-based finance?
Answer: Option
Explanation:
Russia launched its first Islamic banking pilot program on September 1 to explore Shariah-based finance.
Date : 2023-09-01
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