BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which of the following Payments Bank has announced the launch of a sweep account facility in association with Suryoday Small Finance Bank (SSFB)?
|
Fino Payments Bank
|
|
India Post Payments Bank
|
|
Airtel Payments Bank
|
|
Jio Payments Bank
|
Explanation:
Detailed explanation-1: -Fino Bank had earlier partnered with Suryoday SFB for offering sweep account facility to its customers, to address the ₹1 lakh end-of-day deposit limit, which was later revised to ₹2 lakh. The latest partnership will expand the range of products that Fino Bank offers its customers.
Detailed explanation-2: -Capital Small Finance Bank (erstwhile Capital Local Area Bank) is the India’s first small finance bank founded in April 2016 as a microfinance lender, with its headquarters in Jalandhar, India.
Detailed explanation-3: -Suryoday Small Finance Bank Ltd.
There is 1 question to complete.