Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 178)

2023-12-14 Banking

178.

Which bank has received authorization from the Reserve Bank of India (RBI) to disburse pensions through e-Pension Payment Orders (e-PPOs) for retired Ministry of Railways employees?

State Bank of India

Bandhan Bank

RBL Bank

Federal Bank

Answer: Option

Explanation:

Bandhan Bank has been approved by the RBI to facilitate pension disbursement through e-PPOs for retired Ministry of Railways employees, streamlining the process in collaboration with the ministry.