2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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PNB
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Kotak Mahindra Bank
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SBI
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HDFC
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Detailed explanation-1: -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.
Detailed explanation-2: -Launching Sambhav, the bank’s digital transformation project, Union Bank MD & CEO Rajkiran Rai said that the idea was to empower customers to do all banking transactions in a DIY (do-it-yourself) mode and to enable straight-through processing of small business and personal loans.
Detailed explanation-3: -Innoviti Payment Solutions Pvt.
Detailed explanation-4: -The ‘Do-It-Yourself (DIY) Repayment Platform’ is a secured digital mode of repayment ‘neo collection’ platform. The platform provides a secured, convenient, and highly efficient mode of repayment solution to the customers.
Detailed explanation-5: -The Neo Collections Platform, a Do It Yourself (DIY) debt management platform, will help our customers seamlessly monitor, manage and pay their dues.