Question

    Which bank signed a MoU with the Software Technology

    Parks of India for leveraging innovation through the financial technologies engaged under the FinBlue initiative?
    A HDFC Bank Correct Answer Incorrect Answer
    B Union Bank of India Correct Answer Incorrect Answer
    C Indian Overseas Bank Correct Answer Incorrect Answer
    D Punjab National Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Indian Overseas Bank signed a MoU with the Software Technology Parks of India and STPINEXT for leveraging innovation through the financial technologies engaged under the FinBlue initiative. This MoU will help the bank in leveraging innovation through the financial technologies engaged under the FinBlue initiative. The FinBlue initiative by STPI is an integrated programme to start-ups to scale through its incubation facility. It provides access to the financial technology ecosystem that consists of bankers, financial institutions, mentors, investors among others.

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