Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 4)
4.
Which bank celebrated its 119th Foundation Day by launching new digital banking initiatives, including CBDC services and a Digital Gold Loan facility?
Punjab & Sind Bank
Bank of Baroda
Punjab National Bank
Indian Bank
Answer: Option
Explanation:
Punjab & Sind Bank celebrated its 119th Foundation Day on 30th June 2026 in New Delhi by introducing several digital banking initiatives aimed at enhancing customer services and operational efficiency. These included the launch of the Navjyoti mobile application for human resource management, Central Bank Digital Currency (CBDC) services, and a Digital Gold Loan facility. The bank also introduced the PSB Bharat Connect account, specially designed for central and state government employees. Established in 1908 and headquartered in New Delhi, Punjab & Sind Bank is one of India's leading public sector banks with the tagline, "Where Service is a Way of Life."
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