CURRENT AFFAIRS

2020

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

Which bank has launched a special campaign ‘Summer Treats’ with offers to meet the changing needs of merchants as well as salaried and self-employed customers?

A	Federal Bank
B	Dhanlaxmi Bank
C	Axis Bank
D	HDFC Bank

Explanation:

Detailed explanation-1: -’Summer Treats’ campaign by HDFC bank launched.

Detailed explanation-2: -Retail Banking The Bank also has a wide array of retail loan products including Auto Loans, Loans against marketable securities, Personal Loans and Loans for Two-wheelers.

Detailed explanation-3: -Invest in the growth of your brokerage business with HDFC Bank’s finance and banking products designed for stock brokers.

Detailed explanation-4: -HDFC Bank doubles mid-corporate loan book to over Rs 90, 000 crore in 3 years.

Detailed explanation-5: -Self Help Group (SHG) is a group lending model with a group of small-time women entrepreneurs coming together for a loan, where the repayment is a collective responsibility of each member in the group. Self Help Group emphasises on the concept of group cohesion and bonding.

There is 1 question to complete.