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    Question

    A Digital Banking Segment, for the purpose of

    disclosure under Accounting Standard 17 (AS-17), is a sub-segment of the existing which segment?
    A Retail Segment Correct Answer Incorrect Answer
    B Wholesale Segment Correct Answer Incorrect Answer
    C Credit Segment Correct Answer Incorrect Answer
    D Information Technology Segment Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    A Digital Banking Segment, for the purpose of disclosure under Accounting Standard 17 (AS-17), is a sub-segment of the existing ‘Retail Banking’ Segment which will now be sub-divided into (i) Digital Banking and (ii) Other Retail Banking. The business involving digital banking products acquired by DBUs or existing digital banking products would qualify to be clubbed under this segment.

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