CURRENT AFFAIRS

2021

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

Which bank has been chosen as the best SME bank of India by AsiaMoney?

A	Axis Bank
B	DBS Bank
C	SBI Bank
D	HDFC Bank

Explanation:

Detailed explanation-1: -India’s best bank for SMEs 2022: HDFC Bank.

Detailed explanation-2: -OCBC. OCBC Bank has been recognized as the Best SME Bank in the Asia-Pacific region by Global Finance, acknowledging the bank’s outstanding support of the SME ecosystem. It has fostered digital and sustainable financing in the region amid an increasingly challenging business environment.

Detailed explanation-3: -But the Asiamoney 2022 award for best bank for CSR in the country goes to China Construction Bank for going above and beyond the standard CSR focus. Ping An Bank’s transformation over the last five years has given it an undisputed, and long, lead over its peers in digital solutions.

Detailed explanation-4: -Tamilnad Mercantile Bank Limited (TMB) has bagged the Best Small Bank award in the Best Banks survey for the year 2022. The Best Banks survey was conducted by Business Today- KPMG.

There is 1 question to complete.