BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
World’s first Bank Agnostic Instant Funds Transfer Platform using Facebook launched by
A
ICICI Bank
B
Kotak Mahindra Bank
C
IndusInd Bank
D
Central Bank
Explanation: 

Detailed explanation-1: -KayPay is the world’s first bank agnostic instant funds transfer platform using Facebook. On the savings bank account front, the Bank offers higher interest rate at 6% p.a. for balances above Rs.

Detailed explanation-2: -Innoviti Payment Solutions Pvt.

Detailed explanation-3: -Kotak Mahindra Prime Limited (KMPL) (earlier Kotak Mahindra Primus Limited) was incorporated on February 28, 1996. It was formed as a Joint Venture with Kotak Mahindra Bank Limited (then Kotak Mahindra Finance Limited) holding 60% and the balance being held by Ford Credit International Inc., U.S.A.

Detailed explanation-4: -On April 8 1986 the company’s name was changed Kotak Mahindra Finance Ltd. They started bill-discounting activity.

Detailed explanation-5: -India Post Payments Bank: Headquarters: New Delhi.

There is 1 question to complete.