Current Affairs - Banking

Exercise :: Banking - Latest Current Affairs

  • Banking - Latest Current Affairs
16. 

Which bank has approved an eight thousand crore rupee for bond borrowing?

A. SBI Bank
B. IDBI Bank
C. HDFC Bank
D. ICICI Bank

Answer: Option B

Explanation:

The IDBI Bank Board has Approved Rs 8,000 Crore Bond Borrowing Limit For FY22.

17. 

Which bank has joined with IIFI Securities to launched KBL Smart Trade?

A. Karnataka Bank
B. Indian Bank
C. Bank of India
D. Bank of Baroda

Answer: Option A

Explanation:

The Karnataka Bank a leading Private Sector Bank and IIFL Securities Limited one of India's largest broking and advisory firm has joined hands to introduce "KBL Smart Trade".

18. 

RBI has extended the restriction of 3 months on which bank?

A. PMC Bank
B. PNB Bank
C. HDFC Bank
D. Yes Bank

Answer: Option A

Explanation:

The Reserve Bank of India has further extended the restrictions on crisis-ridden Punjab and Maharashtra Co-operative (PMC) Bank by three months till 30 June.

19. 

Which bank has signed an MoU with Tata Motors to provide loans with an EMI facility for BS-6 vehicle purchase?

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

Answer: Option C

Explanation:

The Tata Motors Ltd has signed a MoU with the State Bank of India to provide affordable finance schemes for its prospective customers for small and light commercial vehicles.

20. 

RBI has imposed restrictions on the PMC bank to carry out banking operations till which date?

A. March 31
B. August 31
C. June 30
D. September 30

Answer: Option C

Explanation:

The RBI has extended the restriction imposed on scam-hit Punjab and Maharashtra Cooperative Bank for a further period of 3 months till June 30, 2021.