CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following bank has bagged four awards for inclusive insurance for 2016 from Skoch Group.
A
Pandyan Grama Bank
B
Jharkhand Gramin Bank
C
Karnataka Vikas Grameena Bank
D
Bank of Nova Scotia
Explanation: 

Detailed explanation-1: -Rout, Executive Director, Bank of Maharashtra has received this prestigious award at the hands of Hon’ble Vice President of India, Shri M. Venkaiah Naidu. Bank bagged prestigious SKOCH AWARD 2016 in the field of Financial Inclusion.

Detailed explanation-2: -Tamilnad Mercantile Bank (TMB) has bagged ‘Best Small Bank Award’ in the ‘Best Banks Survey for the year 2022’ done by Business Today-KPMG (BT-KPMG Best banks survey). The bank has won this award under the category of banks with the book size of less than ₹1 lakh crore.

Detailed explanation-3: -Follow. Financial inclusion is a method of offering banking and financial services to individuals. It aims to include everybody in society by giving them basic financial services regardless of their income or savings. It focuses on providing financial solutions to the economically underprivileged.

There is 1 question to complete.