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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ICICI bank
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Kotak Mahindra Bank
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Bank of Baroda
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Detailed explanation-1: -Kotak Mahindra Bank starts ‘Kona Kona Umeed’ Campaign.
Detailed explanation-2: -Shares of Federal Bank Ltd were in focus on Monday following reports of its merger with Kotak Mahindra Bank Ltd.
Detailed explanation-3: -No merger with Kotak: Federal Bank.
Detailed explanation-4: -CRN merged (Accounts in both Kotak and ING Vysya now Kotak systems) - One single CRN linking all your accounts. Multiple CRN: For every corporate / non individual entity you are an authorized signatory to, you have been now given a distinct CRN.
Detailed explanation-5: -The company said that in select cases, the platform will also determine the best course of action by offering customized repayment plans or payment resolution options in line with the bank’s internal credit guidelines.