Exercise :: Banking - Latest Current Affairs
- Banking - Latest Current Affairs
| 21. | Which bank has been chosen as the best SME bank of India by AsiaMoney? |
|||||||
Answer: Option D Explanation: The HDFC Bank has adjudged the 'India's Best Bank for SMEs' at the Asiamoney Best Bank Awards 2021.
|
| 22. | Which Small Finance Bank awarded with 'Great place to work' certification? |
|||||||
Answer: Option C Explanation: The ESAF Small Finance Bank had been awarded 'Great place to work' certification by the Great place to Work Institute.
|
| 23. | On which Bank RBI has imposed a penalty of Rs. 15 lakh? |
|||||||
Answer: Option D Explanation: RBI imposed a monetary penalty of ?15 lakh on Fedbank Financial Services Ltd, Mumbai, for non-compliance with certain provisions of the central bank's directions on monitoring of frauds.
|
| 24. | What is the new wholly-owned subsidiary set up by Punjab National Bank to manage its credit card business? |
|||||||
Answer: Option C Explanation: State-run Punjab National Bank (PNB) has set up a wholly-owned subsidiary namely "PNB Cards & Services Ltd" to manage its credit card business.
|
| 25. | With which bank the IOCL has inked India's First LIBOR Alternative Rate Deal? |
|||||||
Answer: Option A Explanation: The State Bank of India (SBI) and Indian Oil Corporation Limited (IOCL) will sign the first Secured Overnight Financing Rate (SOFR) linked external commercial borrowing (ECB) deal.
|