BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Yes Bank
|
|
|
ICICI Bank
|
|
|
HDFC
|
|
|
Kotak Mahindra
|
|
|
None
|
Detailed explanation-1: -The bank sets aside equivalent proceeds through this deposit and invests in Sustainable Development Goals aligned sectors.
Detailed explanation-2: -IndusInd Bank launches ‘Green’ Fixed Deposits. Mumbai, 28 December, 2021: IndusInd Bank has announced the launch of ‘Green Fixed Deposits’ where the deposit proceeds will be used to finance projects and firms supporting the United Nations Sustainable Development Goals (SDGs).
Detailed explanation-3: -In July 2020, Yes Bank Ltd closed their follow-on public offer (FPO) with 95% subscription, driven by institutional investors. As of 28 July 2020, Yes Bank is an associate of State Bank of India which has a 30% stake in the company.
Detailed explanation-4: -Green Deposits is a fixed deposit for a specific tenure, where the amount deposited by you will be used for lending to renewable energy projects, green building projects and projects in smart agri, water or waste management projects etc.
Detailed explanation-5: -YES BANK is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.