CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
DBS Bank to set up new technology hub in which city
A
Mumbai
B
Chennai
C
Hyderabad
D
New Delhi
Explanation: 

Detailed explanation-1: -The lender has appointed Mohit Kapoor as the head of its Technology Development Centre in Hyderabad.

Detailed explanation-2: -Corporate Banking Address: DBS Bank India Limited, 19th Floor, Express Towers, Nariman Point, Mumbai – 400021.

Detailed explanation-3: -It employs more than 30, 000 employees from more than 40 different countries. The first offshore technology development centre for the bank was built in Hyderabad in 2016 as DBS Tech India, formerly known as DBS Asia Hub 2.

Detailed explanation-4: -(Your legal guide on estate planning, inheritance, will and more.) Lakshmi Vilas Bank (LVB) was merged with DBS Bank in November 2020, following the amalgamation with DBIL due to which the IFSC & MICR codes of all branches of erstwhile LVB have changed.

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