CURRENT AFFAIRS

2021

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which Small Finance Bank has become the 1st SFB to offer online account opening to the NRIs?

A	Jana SFB
B	Fino SFB
C	Airtel SFB
D	Equitas SFB

Explanation:

Detailed explanation-1: -Equitas Net banking would also facilitate investment in mutual funds and Portfolio Management Services for the NRI account holders.

Detailed explanation-2: -Capital Small Finance Bank (erstwhile Capital Local Area Bank) is the India’s first small finance bank founded in April 2016 as a microfinance lender, with its headquarters in Jalandhar, India.

Detailed explanation-3: -Google Pay partners Equitas Small Finance Bank, launches digital FD - Elets BFSI.

Detailed explanation-4: -NRE (Non-Resident External) Fixed Deposit offered by Ujjivan SFB is a Fixed Deposit that can be opened in Indian currency. These are high return Rupee Deposit option to invest your foreign income.

Detailed explanation-5: -Equitas Small Finance Bank’s new ‘Circle of Life’ video highlights the right to education for children in India | Business News This Week.

There is 1 question to complete.