2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC Bank
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Canara Bank
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DBS Bank
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State Bank of India
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Detailed explanation-1: -Under this agreement, NSIC will share proposals of its associated MSMEs for credit support to ICICI Bank. The Bank, in turn, will offer its credit and other tailored business solutions to these MSMEs as per its norms. The MoU was signed by Mr. Bhavesh Gupta, Head – Self Employed Segment, ICICI Bank and Mr.
Detailed explanation-2: -Mumbai : Paytm, India’s largest payments platform has partnered with ICICI Bank, the country’s largest private sector bank by consolidated assets, to jointly launch ‘Paytm-ICICIBank Postpaid’ the most seamless way to access interest-free short-term digital credit.
Detailed explanation-3: -ICICI Bank has launched India’s first comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country, offering complete range of enhanced banking and value-added services at one place.
Detailed explanation-4: -RBI was critical of BOR’s promoters not reducing their holdings in the company. BOR has since been merged with ICICI Bank.
Detailed explanation-5: -Smart Business Account - Current Account - Business Banking.