CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has been honoured as the global winner for Most Innovative in Digital Banking?
A
SBI
B
PNB
C
DBS
D
HDFC
Explanation: 

Detailed explanation-1: -It was named as “DBS bank Limited ” on 21 July, 2003. Piyush Gupta is the current CEO of DBS Bank Ltd.

Detailed explanation-2: -New York, NY – Citi has been named World’s Best Digital Bank by Global Finance magazine for the 21st consecutive year. The bank was also recognized as Best Corporate/Institutional Digital Bank and received multiple regional and subcategory awards in addition to 135 country awards from Global Finance.

Detailed explanation-3: -These dedicated efforts put Bank of America at the top of Bank Director’s list of the most innovative banks in the 2022 RankingBanking study, followed by two other large institutions at second and third, respectively: U.S. Bancorp and JPMorgan Chase & Co.

Detailed explanation-4: -Robotic Process Automation. One of the trends in banking for 2021 is RPA which can be used by financial institutions to reduce costs, minimize human errors, save time and offer customers a more efficient service.

There is 1 question to complete.