Question
Recently PM Modi opens 75 digital banking units, which
of the following public sector bank opens highest number of Digital Banking Units?Solution
In FY23 Budget speech, Finance Minister Nirmala Sitharaman announced that 75 DBUs would be set up to ensure that the benefits of digital banking reach every nook and corner of the country in the 75th year of Independence. SBI has opened 12 DBUs. Eleven public sector banks, 12 private sector banks and one small finance bank are participating in the endeavour. It said they will spread Digital Financial Literacy and special emphasis will be given to customer education on cyber security awareness and safeguards.
What does "Infrastructure lending" include as a part of the project finance package as per RBI guidelines for NBFCs?
What provision is required for substandard infrastructure loan accounts?
A Cash Credit or Overdraft account can be considered as out of order if:
Which of the following is not a type of bank in India?
Which of the following is not one of the pillars of Basel III?
Which of the following is true regarding the Insolvency and Bankruptcy Code (IBC) and its impact on insurance companies in India?
According to the Union Budget 2023-24, consider the following statements.
1. ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomes�...
What is the general provision required for substandard assets, without considering ECGC guarantee cover and securities available?
Which of the following can be used for risk shifting?
Under the Pradhan Mantri Mudra Yojana (PMMY), collateral-free institutional credit up to _________ is provided by Member Lending Institutions (MLIs).
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