Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1181)

2020-09-30 Banking

1181.

Which bank launched India's first warehouse commodity finance app?

PNB

SBI

HDFC

None of these

Answer: Option

Explanation:

In a first of its kind in the country, HDFC Bank launched a Warehouse Commodity Finance App which will enable customers in drawing down and managing the loan against pledge of commodities online without physical intervention or multiple visits to a Bank branch.