CURRENT AFFAIRS

Detailed explanation-1: -The MoU was signed by Lt. Gen. Ravin Khosla (AVSM, SM, VSM), DG (MP & PS), Indian Army, and Chandra Shekhar Ghosh, Managing Director & CEO, Bandhan Bank, in New Delhi. Services under Bandhan Bank Shaurya Salary Account will be offered to serving personnel of Indian Army through the Bank’s network of banking outlets.

Detailed explanation-2: -Mumbai: ICICI Bank renewed its Memorandum of Understanding (MoU) with the Indian Army, to offer a range of specially curated enhanced benefits and new features through its ‘Defence Salary Account’, to all serving as well as retired Army personnel. The MoU was signed in Delhi by Lt.

Detailed explanation-3: -SHAURYA by HDFC Life The initiative Shaurya is designed with a view to augment existing insurance, provide various financial saving solutions with tax benefits1 & a secured second innings career to our Ex-servicemen.

Detailed explanation-4: -The Indian Army has signed historic MoU with 11 Banks viz State Bank of India, Punjab National Bank, Bank of Baroda, IDBI Bank, ICICI Bank, HDFC Bank, Axis Bank, Yes Bank, Kotak Mahindra Bank, IDFC First Bank and Bandhan Bank for providing banking facilities to Agniveers on enrollment.