CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has won the global ‘Cellent Model Bank’ award?
A
state Bank of India
B
Kotak Mahindra Bank
C
IndusInd bank
D
HDFC bank
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is IndusInd Bank.

Detailed explanation-2: -IndusInd Bank has been awarded the global ‘Celent Model Bank’ award under the category of ‘Payments System Transformation’ for building a best-in-class Enterprise Payments Hub (EPH).

Detailed explanation-3: -Canara Bank on Friday announced that it received the “Banker’s Bank of the Year Award 2022” for the India segment at the Global Banking Summit. The public sector lender has been adjudged as the Best Bank in India for 2022.

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: -Celent Model Bank is awarded for best practices of technology usage in different areas critical to success in banking, and is the main award that a financial institution (FI) can receive from Celent. It is an annual program celebrating its 16th anniversary in 2023.

There is 1 question to complete.