CURRENT AFFAIRS

Detailed explanation-1: -Axis Bank launches a representative office in Sharjah, making it the 3rd representative office in the UAE after Dubai and Abu Dhabi. Pictured are Shri Vipul (Consul General of India in Dubai) and Mr Rajiv Anand (Executive Director, Axis Bank) at the inauguration on Sunday. Krishnakumar Kt and 620 others like this.

Detailed explanation-2: -"Representative office” means any office of a foreign bank that is located in any state and is not a federal branch, federal agency, state branch, state agency or subsidiary of a foreign bank.

Detailed explanation-3: -Emirates National Bank of Dubai (ENBD), Abu Dhabi Commercial Bank (ADCB), Dubai Islamic Bank (DIB), Abu Dhabi Islamic Bank (ADIB), and Mashreq Neo are our top picks.

Detailed explanation-4: -Bank Overview– Emirates Islamic Bank is of the best banks in UAE that provides products that are shari’a compliant. They provide products and services that are beneficial for the customers and the stakeholders as well.