IndiaBIX

Current Affairs - Banking

Exercise : Banking - Latest Current Affairs
  • Banking - Latest Current Affairs
216.
Who has received the RBI's approval for re-appointment as the Executive Director of ICICI Bank, with the term extended from December 23, 2023, to December 22, 2025?
Sandeep Batra
Vikram Sharma
Preeti Gupta
Rajesh Kapoor
Answer: Option
Explanation:
Sandeep Batra has received the RBI's approval for re-appointment as the Executive Director of ICICI Bank, with the term extended from December 23, 2023, to December 22, 2025.
Date : 2023-12-22
217.
How many payment aggregator licenses did the Reserve Bank of India (RBI) grant after lifting the year-long ban?
Six
Four
Eight
Two
Answer: Option
Explanation:
The RBI approved six entities, including RazorPay, Cashfree Payments, PayU, PineLabs, Paytm, and Stripe, signalling the end of the ban on payment aggregator licenses.
Date : 2023-12-21
218.
What led the Reserve Bank of India (RBI) to impose monetary penalties on five cooperative banks, including Indapur Urban Co-operative Bank and Janakalyan Sahakari Bank?
Financial Mismanagement
Regulatory Compliance Deficiencies
Customer Service Issues
Technological Failures
Answer: Option
Explanation:
The RBI imposed penalties on these cooperative banks due to deficiencies in regulatory compliance, emphasizing the need to address gaps in adhering to banking regulations. The cooperative banks include Indapur Urban Co-operative Bank Ltd, Janakalyan Sahakari Bank Ltd, The Patan Urban Co-operative Bank Ltd, Pune Merchants Co-operative Bank Ltd, and Pune Municipal Corporation Servant’s Co-operative Urban Bank Ltd.
Date : 2023-12-16
219.
What are the names of the co-branded credit cards introduced through the collaboration of IDFC FIRST Bank, LIC Cards, and Mastercard?
Master Elite and LIC Gold
IDFC FIRST Card and LIC Mastercard
LIC Classic and LIC Select
Financial Freedom and Platinum Plus
Answer: Option
Explanation:
The collaboration between IDFC FIRST Bank, LIC Cards, and Mastercard has resulted in the introduction of two co-branded credit cards—LIC Classic and LIC Select—tailored to meet the financial requirements of policyholders across India.
Date : 2023-12-16
220.
Which bank has received authorization from the Reserve Bank of India (RBI) to disburse pensions through e-Pension Payment Orders (e-PPOs) for retired Ministry of Railways employees?
State Bank of India
Bandhan Bank
RBL Bank
Federal Bank
Answer: Option
Explanation:
Bandhan Bank has been approved by the RBI to facilitate pension disbursement through e-PPOs for retired Ministry of Railways employees, streamlining the process in collaboration with the ministry.
Date : 2023-12-14
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