CURRENT AFFAIRS

Detailed explanation-1: -BENGALURU: Canara Bank, which has set an ambitious target of moving to ‘paperless’ futuristic banking, launched its first ‘Digital Banking Branch’ at Spencer Towers in MG Road, Bengaluru. Titled ‘CANDI’, the branch will provide an end-to-end digital experience to customers.

Detailed explanation-2: -Detailed Solution The correct answer is Canara Bank. Canara Bank made the inaugural event of the first digital branch named ‘CANDI’ in Bengaluru.

Detailed explanation-3: -DBS Bank India introduces an industry-first digital & paperless trade financing solution – ThePrint –

Detailed explanation-4: -Canara Bank has 252 branches in Bangalore Urban district of Karnataka.

Detailed explanation-5: -At  Rs. 15.2 tn., the Canara Bank, merged with Syndicate Bank, would become the 4th largest in India. Andhra Bank and Corporation Bank are merged with Union Bank of India.