Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1)
1.
Which bank signed a Memorandum of Understanding (MoU) with the Digital India BHASHINI Division (DIBD) in July, 2026 to promote multilingual AI solutions for inclusive banking?
Punjab National Bank
Bank of Baroda
Canara Bank
Union Bank of India
Answer: Option
Explanation:
Punjab National Bank (PNB) signed an MoU with the Digital India BHASHINI Division (DIBD) to integrate AI-powered multilingual language technologies into banking services. The collaboration aims to enable voice-first banking through the BHASHINI for Seva/Sanchalan initiative, making digital banking more accessible in multiple Indian languages. The partnership covers key BHASHINI components such as Udyat, Mitra, AppMitra, Pravakta, and Bhashadaan. This initiative is expected to reduce language barriers in Digital Public Infrastructure (DPI), improve customer accessibility, and promote inclusive banking services for people across diverse linguistic backgrounds in India.
Discussion:
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