Current Affairs - Banking

Exercise : Banking - Latest Current Affairs
  • Banking - Latest Current Affairs
211.
Which fintech startup has partnered with five Indian banks to introduce a virtual ATM service?
FinCo
Paymart
CashTech
BankEase
Answer: Option
Explanation:
Paymart, the fintech startup, has collaborated with five Indian banks to launch a virtual, cardless, and hardware-less cash withdrawal service. This initiative highlights Paymart's innovative approach to revolutionizing banking services through advanced technology solutions.

212.
Which bank secured seven awards at the 19th Banking Tech Conference?
City Union Bank
IDFC FIRST Bank
HDFC Bank
ICICI Bank
Answer: Option
Explanation:
City Union Bank, under the leadership of Dr N Kamakodi, earned seven awards at the 19th Banking Technology Conference, Expo & Citations in 2023. These awards recognize the bank's outstanding performance across various technological domains, showcasing its commitment to innovation and excellence in banking services.

213.
Which institution signed an agreement with the Reserve Bank of India (RBI) to integrate the Unified Payments Interface (UPI) of India and the National Payments Interface (NPI) of Nepal?
Nepal Bank Limited
State Bank of India
Rastriya Banijya Bank
Nepal Rastra Bank
Answer: Option
Explanation:
Nepal Rastra Bank collaborated with the Reserve Bank of India (RBI) to integrate UPI and NPI, facilitating cross-border remittances between India and Nepal. This agreement aims to streamline fund transfers, enhancing financial connectivity between the two countries.