Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1521)
1521.
Which bank has conducted the first e-auction of forest produce in Maharashtra?
IndusInd Bank
IDBI Bank
Yes Bank
Bank of India
Answer: Option
Explanation:
Yes Bank has conducted the first e-auction of forest produce in Dhanora Mahasangh in Maharashtra under its Tech for Change initiative where the bank work with the government and corporate to create technology-based solutions which have a social impact. It is a joint effort of Yes Bank with its fintech partner, Sparsh Technologies. The expected throughput is about Rs 40 crore per annum.
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