Current Affairs - Banking

Exercise : Banking - Latest Current Affairs
  • Banking - Latest Current Affairs
236.
Which bank launched India's first eco-friendly debit card?
ICICI Bank
HDFC Bank
State Bank of India
Airtel Payments Bank
Answer: Option
Explanation:
Airtel Payments Bank launched India's first eco-friendly debit card in August 2023. The debit cards are made from recycled PVC material, which is a certified eco-friendly material. This makes Airtel Payments Bank the first Indian bank to launch an eco-friendly debit card.

237.
What was the collective profit reported by public sector banks in the first quarter of June 2023?
Rs 34,774 crore
Rs 15,306 crore
Rs 3,615 crore
Rs 12,522 crore
Answer: Option
Explanation:
The public sector banks registered a profit of over Rs 34,774 crore in the first quarter of June 2023.

238.
What is the total amount of charges amassed from transactions conducted through ATMs beyond the free transaction limit as per a Finance Ministry report?
₹8,000 crore
₹13,000 crore
₹21,000 crore
₹35,000 crore
Answer: Option
Explanation:
A substantial sum of ₹8,000 crores was accrued from transactions conducted through ATMs beyond the stipulated number of free transactions.

239.
What was the year-on-year (YoY) increase in State Bank of India's (SBI) standalone net profit during the first quarter of FY24?
178%
100%
50%
5%
Answer: Option
Explanation:
In the first quarter of FY24, the State Bank of India's standalone net profit witnessed a remarkable 178% year-on-year (YoY) growth, driven by a substantial rise in other income, robust net interest income, and reduced loan loss provisions.

240.
Who holds the distinction of being the highest-paid bank CEO in the fiscal year 2023?
Sashidhar Jagdishan
Anil Kumar Chaudhary
Rajesh Gopinathan
Nita Ambani
Answer: Option
Explanation:
In the fiscal year 2023, Sashidhar Jagdishan, CEO of HDFC Bank, stands out as the highest-paid bank CEO. His total remuneration for the fiscal year exceeds Rs. 10.55 crore.