BANKING AFFAIRS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which among the following bank has announced the launch of India’s first voice-based international remittance service to enable non-resident Indians (NRIs) to send money to any bank in India?
A
ICICI Bank
B
State Bank of India
C
Kotak Mahindra Bank
D
Bank of Baroda
Explanation: 

Detailed explanation-1: -ICICI Bank Limited is the first in India and among few globally to launch a service that allows cross-border remittances over social media. Speaking on the initiative, Vijay Chandok, Executive Director, ICICI Bank said, “ICICI Bank is one of the leading players in the Indian remittance market.

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