2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC bank
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ICICI bank
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Axis bank
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Yes bank
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Detailed explanation-1: -April 29, 2021. Mumbai: ICICI Bank today announced the launch of its ‘Merchant Stack’, a set of the country’s most comprehensive digital banking services specially curated for retail merchants.
Detailed explanation-2: -Detailed Solution: The Correct Answer is ICICI Bank. The ICICI Bank has launched a digital and contactless banking platform designed specifically for retail merchants.
Detailed explanation-3: -Paperless exports solutions: The Bank’s digital solutions like e-Softex (catering to IT/ITeS exporters) and e-DOCs have simplified exporters’ journey across various stages by offering digital filing of documents, settlement and reconciliation of export invoices, among others.
Detailed explanation-4: -The STACK is one-stop shop for mortgage loans to the prospective home buyers. The Bank extends customised home loan solutions to retail buyers at the project premises. The Bank also provides Loan Against Property (LAP) and home overdraft facility.
Detailed explanation-5: -ICICI Bank launches contactless banking platform for merchants.