CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank launched India’s First ‘Open-For-All’ digital ecosystem for MSMEs?
A
Axis Bank
B
HDFC Bank
C
ICICI Bank
D
YES Bank
Explanation: 

Detailed explanation-1: -Mumbai: ICICI Bank today announced that it has launched India’s first comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country, including customers of other banks.

Detailed explanation-2: -UPSC Mains Q. Which Indian Bank launched the ‘Open-for-all’ Digital ecosystem for MSMEs? Notes: ICICI Bank has launched ‘Open-for-all’ Digital ecosystem for MSMEs. The digital service for Micro, Small and Medium Enterprises (MSMEs) can be used by customers of other banks.

Detailed explanation-3: -ICICI Bank has launched India’s first ‘open-for-all’ comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country, which can also be used by the customers of other banks.

Detailed explanation-4: -Chief Minister Pinarayi Vijayan on Saturday declared Kerala as the first state in the country to go fully digital in its banking service and said this recognition would boost the state economy.

Detailed explanation-5: -Private sector lender ICICI Bank on Thursday launched a comprehensive digital ecosystem for micro, small and medium enterprises (MSMEs), including customers of other banks.

There is 1 question to complete.