Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 2069)

2017-07-27 Banking

2069.

This bank has launched a Project Connect to tackle bad loans.

Bank of India

Bank of Baroda

City Bank

Federal Bank

Answer: Option

Explanation:

Bank of India's new chief has launched Project Connect, an initiative to revive the bank that has suffered huge losses for two consecutive years due to a sharp rise in bad loans. It will have 115 area managers who would be stationed close to 30-35 branches.