Question

Which bank has launched 'ONDC in a Box', a one-stop-shop proposition for corporates towards seamless enablement of ONDC and has become the first foreign bank in India to offer an ONDC-enabled proposition?

A DBS Bank India Correct Answer Incorrect Answer
B HSBC India Correct Answer Incorrect Answer
C Standard Chartered Bank Correct Answer Incorrect Answer
D Bank of America Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

HSBC India has launched 'ONDC in a Box', a one-stop-shop proposition for corporates towards seamless enablement of ONDC. With this launch, HSBC India became the first foreign bank in India to offer an ONDC-enabled proposition. ONDC in a Box empowers customers with not only the payments and settlement toolkit facilitated by HSBC India but also the technology stack required for ONDC enablement, which is powered by our partners.

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