1.

After HDFC, Indian Army and this bank signed an agreement on the Defence Salary Package.

Answer» A Memorandum of Undertaking (MoU) was signed between the Indian Army and the Axis Bank on the Defence Salary Package. The first MoU between Axis Bank and the Indian Army was signed in 2011 and was renewed on March 24, 2015. Recently, the Indian Army has also signed a MoU with the HDFC bank as well.


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