2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Kotak Mahindra Bank
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ICICI
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Axis
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HDFC
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Detailed explanation-1: -Kotak Bank and Finastra have been working together since October 2021 to expand the Kotak FYN portal for business and corporate customers. The bank’s customers can use the new enterprise portal to carry out all trade services.
Detailed explanation-2: -He also pointed to Kotak Mahindra Bank’s transaction-banking offering, Kotak FYN, which it unveiled in March 2022. This enterprise portal is exclusively for business banking and corporate clients.
Detailed explanation-3: -UPSC Mains Q. Which Indian private sector bank launched its new enterprise portal- ‘FYN’? Notes: Kotak Mahindra Bank recently announced the launch of Kotak FYN, its new enterprise portal exclusive for business banking and corporate clients.
Detailed explanation-4: -Kotak FYN portal assures paperless transactions and the facility to track end-to-end transactions.