Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1)
1.
Which bank launched the “My Business QR” initiative to provide small merchants with a digital storefront and QR-based commerce identity?
ICICI Bank
Axis Bank
State Bank of India
HDFC Bank
Answer: Option
Explanation:
HDFC Bank launched the “My Business QR” at the Global Fintech Fest (GFF) 2025 in partnership with Vyaparify. The initiative empowers small and medium businesses to establish a digital storefront and unique commerce identity through a single QR code. Integrated with HDFC’s SmartHub Vyapar app, it enables merchants to showcase business details, accept payments, and interact with customers digitally without needing a website or technical setup. This innovation supports India’s vision for digital financial inclusion by helping millions of retailers transition from offline to online operations, improving accessibility, customer engagement, and growth opportunities.
Discussion:
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