Current Affairs - Banking

Exercise : Banking - Latest Current Affairs
  • Banking - Latest Current Affairs
96.
Swiggy launched a Co-branded Credit Card with which bank?
HDFC Bank
ICICI Bank
PNB
UCO Bank
Answer: Option
Explanation:
Swiggy, a popular food delivery platform, has collaborated with HDFC Bank to launch a co-branded credit card. This move follows the trend of various e-commerce platforms partnering with banks to introduce similar credit cards.

97.
Which bank has become the 2nd most valuable company in India based on market capitalization?
HDFC Bank
SBI
ICICI
PNB
Answer: Option
Explanation:
HDFC Bank achieved a significant milestone by surpassing Tata Consultancy Services (TCS) to become the second most valuable company in India based on market capitalization.

98.
Which bank broke into the $100 billion market-cap club as the world's 7th largest lender?
BOB
PNB
HDFC Bank
ICICI Bank
Answer: Option
Explanation:
HDFC Bank, India's largest private lender, has achieved a significant milestone by entering the $100 billion market capitalization club, making it the world's 7th largest lender.

99.
RBI is to issue an SOP for banks to help expedite rupee trade. What is the full form of SOP?
Standard Operating Procedure
Standard Operating Process
Standard Operational Practice
Standard Operational Proof
Answer: Option
Explanation:
The RBI is expected to issue a standard operating procedure for banks to issue proofs of inward remittances for exporters expeditiously, to address challenges faced by exporters in the rupee-based trading mechanism for foreign trade.

100.
Which bank has recently entered the $100 billion market-cap club and become the world’s 7th largest lender?
HDFC
ICICI
SBI
BOB
Answer: Option
Explanation:
HDFC Bank, India’s largest private lender, has achieved a significant milestone by entering the $100 billion market-capitalization club.