2021
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
SBI
|
|
|
Yes Bank
|
|
|
PNB
|
|
|
HDFC
|
Detailed explanation-1: -SBI selects Paisalo Digital as National Corporate Business Correspondent.
Detailed explanation-2: -(Bharat being referred to under served rural potential of INDIA). So, to serve this motive Paisalo Digital Limited has been allotted with National BC of SBI Bank and Uco Bank to appoint CSP’s on India’s biggest bank behalf in whole parts of India in 2021-22.
Detailed explanation-3: -BLS International becomes National Business Correspondent of SBI.
Detailed explanation-4: -Business Correspondents are retail agents engaged by banks for providing banking services at locations other than a bank branch/ATM.
Detailed explanation-5: -Business Correspondents are retail agents who represent banks and are responsible for delivering banking services at locations other than a bank branch/ATM. BCs support banks in providing its limited range of banking services at affordable cost. Thus, they are pivotal in promoting financial inclusion.