CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which benefit did the City Union Bank planned to offer?
A
Instant Credit Card
B
Debit Cards
C
Online Trading Account
D
Online Loan Sanction upto 5 lakhs
Explanation: 

Detailed explanation-1: -The main focus of the bank is lending to MSME Retail/Wholesale Trade with granular asset profile including providing short term and long term loans to agricultural sector. As of December 2020 the bank had a network of 700 branches and 1749 ATMs across the country.

Detailed explanation-2: -Personal Banking– Under this City Union Bank offers wide range of products and services such as saving accounts, deposit scheme, home loans, education loans, debit card and many more.

Detailed explanation-3: -City Union Bank Limited is an Indian private sector bank headquartered in Kumbakonam, Tamil Nadu. The bank was initially named Kumbakonam Bank Limited, and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the Thanjavur district of Tamil Nadu.

There is 1 question to complete.