CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has signed an MoU with MUFG Bank to jointly cater banking needs of Japanese corporate in India?
A
SBI
B
HDFC Bank
C
ICICI Bank
D
YES Bank
Explanation: 

Detailed explanation-1: -Mumbai: ICICI Bank today announced the signing of a Memorandum of Understanding (MoU) with MUFG Bank, Japan’s premier bank, for collaboration towards catering to the banking requirements of Japanese corporates present in India.

Detailed explanation-2: -GIFT City, Gujarat was established as a special economic zone as an International Financial Services Centre (IFSC) for offshore transactions as part of the government’s vision to make India a hub for international financial services.

Detailed explanation-3: -BOTKJPJT XXX BIC / SWIFT Code - MUFG BANK, LTD.

Detailed explanation-4: -The SWIFT/BIC code for MUFG BANK, LTD. is BOTKJPJTXXX.

Detailed explanation-5: -MUFG; History | Mitsubishi UFJ Financial Group. Risk Management.

There is 1 question to complete.