CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank will establish the Fintech Innovation Center (FIC) at its campus with the help of IIT Kanpur?
A
Axis Bank
B
SBI
C
HDFC Bank
D
PNB
Explanation: 

Detailed explanation-1: -Punjab National Bank, IIT Kanpur partner to set up Fintech Innovation Centre - Elets BFSI.

Detailed explanation-2: -Bank of Baroda partnered with Fisdom to launch the Baroda M-Invest app in the market f or the customers.

Detailed explanation-3: -The FinTech Innovation Lab is a highly competitive, 12-week program that helps early to growth-stage enterprise technology companies refine and test their value proposition with the support of the world’s leading financial service firms.

Detailed explanation-4: -The notable innovations taken place in the banking sector of India are introduction of CBS, CTS, ECS, RTGS, EFT, NEFT, ATM, Debit & Credit Cards, Internet Banking, mobile banking etc.

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