Question

Which of the following bank has recently launched “Parivar” (family) savings account in FY24?

A State Bank of India Correct Answer Incorrect Answer
B Axis Bank Correct Answer Incorrect Answer
C UCO Bank Correct Answer Incorrect Answer
D HDFC Bank Correct Answer Incorrect Answer

Solution

The State Bank of India (SBI) is planning to launch new variants of current account (with balances of ₹50,000 and ₹50 lakh) and “Parivar” (family) savings account in FY24 to minimize the gap between deposit growth and credit growth

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