CURRENT AFFAIRS

2021

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

Which bank announced a strategic alliance with SMC Global Securities Limited for offering online trading services to customers?

A	RBI
B	Dhanlaxmi Bank
C	Bandhan Bank
D	HDFC

Explanation:

Detailed explanation-1: -SMC Global partners with Karur Vysya Bank to offer online trading services to clients.

Detailed explanation-2: -Yes, you can transfer funds online. SMC has payment gateway with HDFC, ICICI, Axis & Yes Bank. Through payment gateway, you can instantly update buying limit in your trading account.

Detailed explanation-3: -Our Existing Lenders includes SBI, HDFC, RBL, DCB Bank, Federal Bank, Bajaj Finance and Tata Capital. SMC Global Securities Limited, a stock Broking Company which was incorporated on December 19, 1994 and is the flagship company of the SMC group.

Detailed explanation-4: -Subhash C Aggarwal is the Co-Founder of SMC Group and has diverse experience in the financial services industry in India. With over 29 years of experience in securities market and financial services, he has been the key architect of SMC’s growth.

Detailed explanation-5: -Sachin Saini - Product Manager Quantitative trading - SMC Global Securities Pvt Ltd.

There is 1 question to complete.