Question

    Where is the headquarters of the small finance bank

    which launched Platina Fixed Deposit, which offers interest of 15 basis points in addition to the regular SFB term deposit rates of the bank?
    A Mumbai Correct Answer Incorrect Answer
    B Bengaluru Correct Answer Incorrect Answer
    C New Delhi Correct Answer Incorrect Answer
    D Thrissur Correct Answer Incorrect Answer
    E Kozhikode 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. Ujjivan Small Finance Bank headquarters: Bengaluru

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