Current Affairs - Banking
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Exercise : Banking - Latest Current Affairs
- Banking - Latest Current Affairs
1.
Which bank launched the women-focused YES Essence Credit Card in August 2026?
Answer: Option
Explanation:
YES Bank launched the YES Essence Credit Card on August 19, 2026, as a lifestyle and health-oriented financial product specifically designed for women. The card targets young professionals, salaried customers, and digitally active women. It offers accelerated reward points on dining, grocery, shopping, beauty, and travel, along with milestone rewards of up to 10,000 YES Rewardz points. Healthcare benefits include an annual preventive health check-up and specialised cancer marker screening. The card also provides lifestyle benefits such as BOGO movie tickets, complimentary coffee, welcome vouchers, and birthday vouchers.
Date : 2026-08-21
2.
Which postal organisation partnered with India Post to launch the PosTransfer UPI remittance service for direct money transfers to UPI-enabled accounts in India?
Answer: Option
Explanation:
Qatar Post partnered with India Post to launch the PosTransfer remittance service on August 15, 2026, enabling customers in Qatar to transfer money directly to UPI-enabled accounts in India. The service operates through Qatar Post outlets and uses the recipient’s UPI ID. The initiative involves the Universal Postal Union’s Interconnection Platform and NPCI International Payments Limited (NIPL). Transactions can range from QAR 10 to QAR 4,000, with a maximum equivalent of ₹1 lakh per transaction and a flat service fee of QAR 15. The service creates a digital remittance corridor for the Indian diaspora in Qatar.
Date : 2026-08-20
3.
Which Union Territories were the first to implement CBDC-based food subsidy transfers under the Pradhan Mantri Garib Kalyan Anna Yojana?
Answer: Option
Explanation:
Chandigarh and Dadra Nagar Haveli became the first Union Territories to implement CBDC-based food subsidy transfers under the Pradhan Mantri Garib Kalyan Anna Yojana. The initiative uses programmable Digital Rupee tokens to transfer food subsidies directly into beneficiaries’ CBDC wallets instead of traditional bank accounts. Beneficiaries can use these tokens to purchase foodgrains from empanelled merchants through real-time digital payments. The rollout aims to reduce leakages, diversion, and cash-handling issues in subsidy delivery. It follows earlier pilot implementations in Puducherry and Gujarat and represents a major step toward fully digital welfare delivery.
Date : 2026-08-15
4.
Which bank partnered with EazyDiner to launch the EazyDiner Platinum RuPay Credit Card?
Answer: Option
Explanation:
IndusInd Bank partnered with EazyDiner to launch the EazyDiner IndusInd Bank Platinum RuPay Credit Card on August 11, 2026. The lifetime-free card has no joining or annual fees and is issued on the RuPay network, allowing customers to link it with UPI apps for QR-based payments. Cardholders can receive dining discounts through the EazyDiner app, a complimentary three-month EazyDiner Prime membership, and monthly Buy One Get One movie ticket benefits through BookMyShow. The card also offers EazyPoints that can be redeemed for dining experiences and lifestyle benefits. IndusInd Bank began operations in 1994 and is headquartered in Mumbai.
Date : 2026-08-12
5.
Which bank launched the ‘Max for Seniors’ and ‘Max for Her’ specialised savings account variants?
Answer: Option
Explanation:
HDFC Bank launched two specialised savings account variants, ‘Max for Seniors’ and ‘Max for Her’, on August 4, 2026, under its Savings Max portfolio. ‘Max for Seniors’ provides benefits such as digital fraud insurance, an Auto Sweep facility, an additional 0.5% interest rate on Fixed Deposits, doorstep banking, and personal accidental death cover. ‘Max for Her’ offers accident insurance, locker charge discounts, health check-ups, and airport lounge access. The products are designed specifically for senior citizens and women customers. HDFC Bank is India’s largest private sector bank by assets and is headquartered in Mumbai, Maharashtra.
Date : 2026-08-06
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