Private sector lender IDFC Bank has partnered with digital payments company Zeta, to launch IDFC Bank Benefits. It is a payment solution for corporates that digitizes employee spends and claims, making the process simple, real-time and paperless. Where is the head office of IDFC Bank?

BANKING GENERAL KNOWLEDGE

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

Private sector lender IDFC Bank has partnered with digital payments company Zeta, to launch ‘IDFC Bank Benefits’. It is a payment solution for corporates that digitizes employee spends and claims, making the process simple, real-time and paperless. Where is the head office of IDFC Bank?

A	Chennai
B	New Delhi
C	Jaipur
D	Mumbai

Explanation:

Detailed explanation-1: -greytHR is India’s leading Cloud Payroll and HR Software.

Detailed explanation-2: -Mumbai, October 18, 2022: IDFC FIRST Bank announced the launch of Digital Banking Units (DBUs) at Kendujhar in Odisha and Dimapur in Nagaland. The move is in sync with the Government’s initiative to deepen financial inclusion.

Detailed explanation-3: -IDFC First Bank (formerly IDFC Bank) is an Indian private sector bank formed by the merger of the banking arm of Infrastructure Development Finance Company and Capital First, an Indian non-bank financial institution.

Detailed explanation-4: -An e-mandate or Standing Instruction (SI) is a payment instruction given on a merchant’s website mobile app for recurring (periodic, automated) payments.

There is 1 question to complete.