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      Question

      A digital banking application, INDIE setting a target to

      onboard 10 million customers within the next three years & enable users to obtain an instant line of credit up to Rs 5 lakh, with the flexibility to choose only the amount they need.Which bank has launched this app? 
      A Federal Bank Correct Answer Incorrect Answer
      B Indian Bank Correct Answer Incorrect Answer
      C IndusInd Bank Correct Answer Incorrect Answer
      D Indian Overseas Bank Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      IndusInd Bank unveiled its digital banking application, INDIE setting a target to onboard 10 million customers within the next three years. INDIE provides a suite of adaptable financial solutions tailored to individual client requirements. One such feature enables users to obtain an instant line of credit up to Rs 5 lakh, with the flexibility to choose only the amount they need. During repayment, customers also have the freedom to set their loan tenor.In addition, the app boasts a transparent rewards programme, wherein users can select their favourite brands from leading e-commerce platforms.

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