Current Affairs - Banking

Exercise : Banking - Latest Current Affairs
  • Banking - Latest Current Affairs
206.
Which bank has appointed Ashwani Kumar as its new Managing Director and CEO?
Yes Bank
UCO Bank
HDFC Bank
ICICI Bank
Answer: Option
Explanation:
Ashwani Kumar has been appointed as the Managing Director of UCO Bank, replacing Soma Sankara Prasad, whose term has come to an end.

207.
Which one is the new tagline launched by Yes Bank?
Life Ko Banao Rich
A Bank of The Common Man
Pure Banking Nothing Else.
The Banker to Every Indian.
Answer: Option
Explanation:
The new tagline of Yes Bank is 'Life Ko Banao Rich'.

208.
Which bank has been selected as a Clearing and Settlement Bank by the Indian Clearing Corporation Ltd (ICCL)?
Bank of India
Indian Bank
Bank of Baroda
Karnataka Bank
Answer: Option
Explanation:
Indian Bank has announced that it has been selected as a Clearing and Settlement Bank by the Indian Clearing Corporation Ltd (ICCL).

209.
In which year was Karnataka Bank established?
1916
1945
1932
1924
Answer: Option
Explanation:
Karnataka Bank was established in 1924, making it one of the oldest banking institutions in India. The bank is headquartered in Bengaluru, the capital city of Karnataka.

210.
Which bank has been recognized as the best bank in managing bad loans?
Bank of Baroda
Bank of Maharashtra
Bank of India
Central Bank of India
Answer: Option
Explanation:
Bank of Maharashtra (BoM), a state-owned bank based in Pune, has been acknowledged as the best bank in managing bad loans. It achieved an exceptionally low net non-performing assets (NPAs) ratio of 0.25% during the financial year ending in March 2023.