Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.95)

95. 

Which Bank announced that it will offer 'ZipDrive', an online instant auto loan to its customers in 1,000 cities?

[A]. HDFC Bank
[B]. ICICI Bank
[C]. Axis Bank
[D]. Canara Bank

Answer: Option A

Explanation:

HDFC Bank announced that it will offer 'ZipDrive', an online instant auto loan to its customers in 1,000 cities. The auto loan disbursal product is only for customers with pre-approved offers. It is a technology-enabled loan product where credit assessment is done by banking software.

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