BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following Payments Bank has announced the launch of a sweep account facility in association with Suryoday Small Finance Bank (SSFB)?
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Fino Payments Bank
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India Post Payments Bank
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Airtel Payments Bank
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Jio Payments Bank
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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.