BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Union Bank
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ICICI Bank
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Canara Bank
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Indian Bank
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Detailed explanation-1: -The correct answer is Canara Bank. Canara Bank made the inaugural event of the first digital branch named ‘CANDI’ in Bengaluru.
Detailed explanation-2: -Canara Bank launches first digital branch in Bengaluru.
Detailed explanation-3: -Canara Bank was incorporated on July 1 1906 with the name Canara Hindu Permanent Fund Ltd. In the year 1910 the name of the Bank was changed from Canara Hindu Permanent Fund Ltd to Canara Bank Ltd.
Detailed explanation-4: -ICICI Bank says it is the first lender in the country to introduce a fully digital and paperless procedure for opening a PPF account.
Detailed explanation-5: -At Rs. 15.2 tn., the Canara Bank, merged with Syndicate Bank, would become the 4th largest in India. Andhra Bank and Corporation Bank are merged with Union Bank of India.