Question

    Which small finance bank launched Platina Fixed

    Deposit, which offers interest of 15 basis points in addition to the regular SFB term deposit rates of the bank?
    A Ujjivan Small Finance Bank Correct Answer Incorrect Answer
    B Equitas Small Finance Bank Correct Answer Incorrect Answer
    C Utkarsh Small Finance Bank Correct Answer Incorrect Answer
    D Suryoday Small Finance Bank Correct Answer Incorrect Answer
    E ESAF Small Finance Bank Correct Answer Incorrect Answer

    Solution

    Ujjivan Small Finance Bank launched Platina Fixed Deposit, which offers interest of 15 basis points in addition to the regular Ujjivan SFB term deposit rates. The general FD for 990 days tenure gives 6.75% for general citizens and 7.50% for senior citizens, but Platina FD offers 15 bps over and above these interest rates.

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