BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SKF Microfinance Ltd.
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Asmitha Microfin
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Bandhan Society
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Ujjivan Financial Services
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Detailed explanation-1: -The company has created a Great Place to Work FOR ALL their employees by excelling on the 5 dimensions of a High-Trust, High-Performance Culture™ – Credibility, Respect, Fairness, Pride and Camaraderie. Ujjivan Small Finance Bank Limited is recognized among India’s Best Companies to Work For 2021-Rank 11.
Detailed explanation-2: -Summary of regulations. Existing non-banking financial companies (NBFC), microfinance institutions (MFI) and local area banks (LAB) can apply to become small finance banks.
Detailed explanation-3: -Small finance banks include AU Small Finance Bank, Equitas Small Finance Bank, Ujjivan Small Finance Bank, Suryoday Small Finance Bank, Utkarsh Small Finance Bank, and others. On the other hand, commercial banks include all public and private sector banks, such as SBI, PNB, Axis Bank, ICICI Bank, and HDFC Bank.