CURRENT AFFAIRS

2022

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

Which bank has launched Green Deposit Program?

A	State Bank of India
B	Kotak Mahindra Bank
C	DSB Bank India
D	Punjab National Bank

Explanation:

Detailed explanation-1: -The correct answer is DBS Bank India. DBS Bank India has announced the launch of its Green Deposit Programme for corporate clients providing a simple way for companies to support environmentally friendly projects or avenues.

Detailed explanation-2: -Green Deposits is a fixed deposit for a specific tenure, where the amount deposited by you will be used for lending to renewable energy projects, green building projects and projects in smart agri, water or waste management projects etc.

Detailed explanation-3: -Mumbai, 28 December, 2021: IndusInd Bank has announced the launch of ‘Green Fixed Deposits’ where the deposit proceeds will be used to finance projects and firms supporting the United Nations Sustainable Development Goals (SDGs).

There is 1 question to complete.