Alphabet Incs Google has partnered with four Indian banks to grant consumer loans online, as the fight for a$ 1 trillion digital finance market intensifies. Which of the following is not one of the four banks?

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Alphabet Inc’s Google has partnered with four Indian banks to grant consumer loans online, as the fight for a$ 1 trillion digital finance market intensifies. Which of the following is not one of the four banks?

A	HDFC Bank Limited
B	ICICI Bank Limited
C	Kotak Mahindra Bank Limited
D	South Indian Bank Limited

Explanation:

Detailed explanation-1: -The most common types of consumer loans are – mortgage, auto loan, education loan, personal loan, refinance loan, and credit card.

Detailed explanation-2: -Ans: Digital Lending is an innovative platform that enables financial institutions to boost productivity and income per loan to provide speedier service. It is a platform for borrowing money in a short amount of time.

Detailed explanation-3: -Indian Banks are incorporated in India whereas Foreign Banks are incorporated outside India. Indian Banks are the bank that has headquarters in India and the majority of the stocks are held by the Indian Nationals.

Detailed explanation-4: -Yes, Indian Bank is a Government Bank. Indian Bank was established in 1907. It is headquartered in Chennai. The Government of India took over the ownership of Indian Bank in 1978.

There is 1 question to complete.