Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 158)
158.
Which bank has achieved the milestone of being the first Indian bank to conduct an export finance transaction on RXIL Global IFSC Limited's International Trade Financing Services Platform (ITFS)?
HDFC Bank
YES BANK
ICICI Bank
Axis Bank
Answer: Option
Explanation:
YES BANK has achieved a pioneering feat by being the first Indian bank to execute an export finance transaction on RXIL Global IFSC Limited's International Trade Financing Services Platform (ITFS). This collaboration signifies a significant advancement in digitization and cross-border business for YES BANK.
Discussion:
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