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      Question

      Which Indian bank collaborated with Sweden's Crunchfish

      AB to create an offline digital payments product approved by the Reserve Bank of India (RBI) for adoption by regulated entities?
      A State Bank of India (SBI) Correct Answer Incorrect Answer
      B ICICI Bank Correct Answer Incorrect Answer
      C HDFC Bank Correct Answer Incorrect Answer
      D Axis Bank Correct Answer Incorrect Answer
      E Punjab National Bank (PNB) Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India (RBI) has given a nod for regulated entities such as banks and non-banking financial companies (NBFCs) to adopt an offline digital payments product made by HDFC Bank in collaboration with Sweden's Crunchfish AB.

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