Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1749)

2018-08-31 Banking

1749.

This bank changes its names and IFSC codes of its branches recently.

SBI

HDFC Bank

Yes Bank

Axis Bank

Answer: Option

Explanation:

The State Bank of India (SBI), has changed the names and IFSC codes of 1,300 of its branches. The idea behind the move is to rationalize SBI's merger with six associate banks and the Bhartiya Mahila Bank (BMB) which came into effect from April 1, 2017. SBI has updated the list of branches with old and new names and IFSC codes on its website.