CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What bank received the EAG Award for Financial Security?
A
ICICI
B
BOB
C
RBI
D
PNB
Explanation: 

Detailed explanation-1: -Bank of Baroda Wins EAG Laureate Award on Financial Security.

Detailed explanation-2: -State-owned Bank of Baroda on 6 December 2022 has said it has bagged an EAG Laureate award in the International Olympiad of Financial Security held at Sochi, Russia on 10 October 2022.

Detailed explanation-3: -Bank of Baroda is the first bank in India to win EAG Laureate Award for the Best AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism) Financial Analysis. The Eurasian group on combating money laundering and financing of terrorism (EAG) is a FATF-style regional body.

Detailed explanation-4: -Canara Bank won the ‘Banker’s Bank of the Year Award 2022” for India segment at the Global Banking Summit held in London. Bank Managing Director and Chief Executive Officer LV Prabhakar received the award from the organisers.

Detailed explanation-5: -Through this prestigious award, the Canara Bank has been adjudged as the Best Bank in India for 2022. The Banker’s magazine is the world’s premier banking and finance resource for more than 180 countries across the globe.

There is 1 question to complete.