CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has entered into a strategic tie-up with UAE-based Mashreq Bank to facilitate money transfers from the UAE?
A
ICICI Bank
B
RBL Bank
C
HDFC Bank
D
Federal Bank
Explanation: 

Detailed explanation-1: -Federal Bank has entered into a strategic tie-up with Mashreq Bank of UAE, to facilitate money transfers from the UAE to India.

Detailed explanation-2: -Mashreq Neo in partnership with Federal Bank brings you convenience to open an NRI account instantly!

Detailed explanation-3: -Mashreqbank is one of UAE’s leading financial institutions. Established in 1967 by the Al-Ghurair Group, it is the largest private sector bank in the UAE.

Detailed explanation-4: -Mashreq began life as the Bank of Oman, based in Dubai, in 1967. Celebrating its 40th birthday in 2007, Mashreq has grown to its current position as one of the leading financial institutions in the United Arab Emirates (UAE).

There is 1 question to complete.