Which of the following organisations has launched an online bank Online-Only aimed at households and small businesses

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of the following organisations has launched an online bank ’Online-Only’ aimed at households and small businesses

A	Morgan Stanley
B	Credit Suisse
C	Goldman Sachs
D	Barclays

Explanation:

Detailed explanation-1: -India. In 1998, ICICI Bank introduced internet banking to its customers.

Detailed explanation-2: -Internet banking, also known as online banking, e-banking or virtual banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution’s website.

Detailed explanation-3: -Ally Bank wins the overall category for best online banks because of its generous rates, low fees, and user-friendly budgeting features. This bank also offers a wide array of products, from checking and savings to investing and loans.

Detailed explanation-4: -In October 1994, Stanford Federal Credit Union was the first institution to let its customers access banking functions via the new World Wide Web.

There is 1 question to complete.