CURRENT AFFAIRS

2022

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

Which bank has partnered with ZestMoney, to expand its ‘Cardless EMI’ facility for purchases on retail and e-commerce platforms?

A	Yes Bank
B	Axis Bank
C	HDFC Bank
D	ICICI Bank

Explanation:

Detailed explanation-1: -ICICI Bank on Thursday announced that it has partnered with digital EMI/pay-later platform ZestMoney, to expand its ‘Cardless EMI’ facility for purchases on retail and e-commerce platforms.

Detailed explanation-2: -Answer: Option A Explanation: ICICI Bank has partnered with ZestMoney, a leading digital EMI/ pay-later platform, to expand its ‘Cardless EMI’ facility for purchases at retail and e-commerce platforms.

Detailed explanation-3: -NEW DELHI: ICICI Bank on Thursday announced that it has partnered with ZestMoney to expand its cardless EMI, more commonly known as buy now pay later (BNPL), facility for purchases done at retail and e-commerce platforms.

Detailed explanation-4: -The facility, in partnership with ZestMoney, is live on select e-commerce websites and will soon be available at retail stores.

Detailed explanation-5: -Called ‘ICICI Bank Cardless EMI’ (Equated Monthly Instalments), the facility enables lakhs of its pre-approved customers to buy their favourite gadgets or home appliances just by using their mobile phone and PAN in lieu of wallet or cards.

There is 1 question to complete.