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1151.

Which bank has bagged five awards under various campaigns held for enrolment of Atal Pension Yojana from the PFRDA?

Answer» The Karnataka Vikas Grameen Bank has bagged five awards under various campaigns held for enrolment of Atal Pension Yojana from the PFRDA.
1152.

Which bank has launched the AI-based chatbot 'Eva' in partnership with Common Services Centres?

Answer» HDFC Bank has launched an artificial-intelligence chatbot named 'Eva', in partnership with the Common Services Centres (CSCs) for educating Village Level Entrepreneurs (VLEs) about banks product and services.
1153.

Which company got authorization for the RBI for issuance and operation of semi-closed prepaid payment instruments with perpetual validity?

Answer» The RBI has granted an authorization to Bajaj Finance for issuance and operation of semi-closed prepaid payment instruments with perpetual validity.
1154.

Indranil Pan has appointed as the chief economist of which bank?

Answer» The Yes Bank has appointed Indranil Pan as its chief economist.Pan joins the bank from rival IDFC First Bank.
1155.

Which bank has entered into a strategic tie-up with UAE-based Mashreq Bank to facilitate money transfers from the UAE?

Answer» The Federal Bank has entered into a strategic tie-up with UAE-based Mashreq Bank to facilitate money transfers from the UAE.
1156.

Which bank plans to roll out an e-distribution network to cover 50,000 more villages?

Answer» HDFC Bank plans to roll out an e-distribution network to cover 50,000 more villages.
1157.

The Union Cabinet approved additional funding of Rs 820 crore for which bank, to expand its services?

Answer» The Union Cabinet approved additional funding of Rs 820 crore for India Post Payments Bank (IPPB) for the expansion of its services to all post offices in the country. Out of the 1.56 lakh post offices, IPPB currently operates from 1.3 lakh post offices. Since the launch, it has opened over 5.25 crore accounts with 82 crore aggregate number of transactions.
1158.

Which bank has launched "World Gold", a new feature on its mobile banking platform for seniors and the elderly?

Answer» Bank of Baroda has launched "bob World Gold", a new feature on its bob World mobile banking platform for seniors and the elderly.
1159.

Which bank launched India's First 'Open-For-All' digital ecosystem for MSMEs?

Answer» ICICI bank has launched India's First 'Open-For-All' digital ecosystem with an open architecture to empower all Micro, Small, and Medium Enterprises (MSMEs) in India.
1160.

Which bank issued guidelines on Compensation of KMPs & Senior Management in NBFCs?

Answer» The Reserve Bank of India (RBI) has issued Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs.
1161.

In a tie-up with which bank did Reliance General become the first insurer to accept CBDC?

Answer» Reliance General became the first insurer to accept CBDC in a tie-up with YES Bank.
1162.

Which bank launched Skill Loans in association with the Additional Skill Acquisition Programme?

Answer» Canara Bank has launched 'skill loans' in association with the Additional Skill Acquisition Programme (ASAP), Kerala the government company under the Higher Education Department.
1163.

Which bank's executive board has officially confirmed Indian-origin Ajay Banga as its next President?

Answer» Indian origin Ajay Banga was confirmed as the next President of the World Bank. The World Bank's 25-member executive board last night elected former Mastercard CEO to a five-year term as president.
1164.

RBI has issued NoC with conditions to the proposal for the voluntary merger of Equitas Holdings Limited and which bank?

Answer» The Reserve Bank of India has given its nod to Equitas Small Finance Bank and its parent company Equitas Holdings Ltd's merger plan, subject to certain restrictions.
1165.

Which bank has approved the reappointment of N Kamakodi as the Managing Director and CEO of City Union Bank?

Answer» The Reserve Bank of India (RBI) has approved the reappointment of N Kamakodi as the Managing Director and CEO of City Union Bank.
1166.

Which bank has joined hands with London-based Santander UK Plc in a pact aimed at facilitating the banking requirements of corporates operating across both countries?

Answer» ICICI Bank has joined hands with London-based Santander UK Plc in a pact aimed at facilitating the banking requirements of corporates operating across both countries.
1167.

Who was appointed as the deputy managing director by HDFC Bank?

Answer» Kaizad Bharucha was appointed as the deputy managing director by HDFC Bank.
1168.

Which bank is seeking $500 million through the issuance of dollar bonds?

Answer» SBI is seeking $500 million through the issuance of dollar bonds.
1169.

Which bank gave NoC for a merger between Equitas holdings and Equitas SFB?

Answer» The Reserve Bank of India (RBI) has issued a No-Objection Certificate.
1170.

Which bank has launched 'skill loans' in association with the Additional Skill Acquisition Programme?

Answer» Canara Bank has launched 'skill loans' in association with the Additional Skill Acquisition Programme (ASAP), Kerala.
1171.

May 2022 Meeting of the Monetary Policy Committee, what is the revised Repo Rate?

Answer» Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points (bps) to 4.40 percent with immediate effect from 4.00% earlier.
1172.

Which bank has launched an online platform, 'Trade nxt', which enables corporate, and MSMEs?

Answer» The Union Bank of India (UBI) has launched an online platform, 'Trade nxt', which enables corporate, and MSMEs (Micro, Small & Medium Enterprises).
1173.

Rajiv Ranjan and Sitikantha Pattanaik have been named executive directors by which bank?

Answer» Rajiv Ranjan and Sitikantha Pattanaik have been named executive directors by the RBI.
1174.

SpiceJet launched a co-branded credit card along with which bank?

Answer» SpiceJet and Axis Bank have partnered to launch the most rewarding coranded credit card.
1175.

Which bank restricts withdrawals from Shankarrao Pujari Nutan Nagari Sahakari Bank?

Answer» The Reserve Bank of India has imposed several restrictions on Shankarrao Pujari Nutan Nagari Sahakari Bank Limited.
1176.

Which bank has topped the PSU lenders chart in loan growth during FY22?

Answer» State-owned Bank of Maharashtra (BoM) has ranked first in the list of the top performer public sector lenders in terms of loan and deposit growth in percentage terms during 2021-22.
1177.

Which bank imposed a Rs 29.79 lakh Penalty on Unimoni Financial Services?

Answer» The Reserve Bank of India has imposed a penalty of Rs 29.79 lakhs on Unimoni Financial Services Limited for non-compliant with norms on Small-Prepaid Payment Instruments (PPI) requirements.
1178.

The World Bank has slashed its growth forecast for India for the current financial year to which percent?

Answer» The World Bank has slashed its growth forecast for India for the current financial year to 7.5 percent, a hefty 1.2 percentage points down from its previous forecast of 8.7 percent.
1179.

Which bank has partnered with Retailio to launch a new range of co-branded credit cards primarily targeted at chemists and pharmacies in the merchant segment?

Answer» HDFC bank partnered with Retailio to launch a new range of co-branded credit cards primarily targeted at chemists and pharmacies in the merchant segment.
1180.

Which bank has announced the launch of Real Time Xpress Credit on its internet banking platform, which allows eligible customers to get personal loans?

Answer» State Bank of India (SBI) has announced the launch of Real Time Xpress Credit on its YONO platform which allows eligible customers to get personal loans of up to Rs 35 lakh.
1181.

Which is the most Preferred Bank Note by Indians according to the Reserve Bank of India?

Answer» The survey findings revealed that, among banknotes, Rs.100 has the most preferred.
1182.

Ather Energy partners with which bank for vehicle financing?

Answer» Ather Energy partnered with the State Bank of India(SBI) to offer vehicle financing for its customers.
1183.

NBFC Northern Arc Capital Enters Strategic Partnership with which bank?

Answer» Northern Arc Capital Limited, a non-banking finance company (NBFC) that serves the credit needs of underserved households and businesses, has formed a strategic alliance with Indian Bank.
1184.

Which bank partnered with ZestMoney to expand the 'Cardless EMI' facility?

Answer» ICICI Bank has partnered with ZestMoney, a leading digital EMI/ pay-later platform, to expand its 'Cardless EMI' facility for purchases at retail and e-commerce platforms.
1185.

Mahagram has tied up with which bank to digitize the nation's payment ecosystem and provide a wider scope?

Answer» Mahagram has signed a partnership with the IndusInd Bank, a new-generation Indian bank to digitize the country's payment ecosystem and provide a wider horizon to transact especially for its customers in rural India.
1186.

Reserve Bank of India's Banknote Survey of Consumers findings has revealed that how many Rs has the most preferred banknote?

Answer» Reserve Bank of India's Banknote Survey of Consumers' findings has revealed that Rs 100 has the most preferred banknote while Rs 2,000 has the least preferred denomination.
1187.

Stashfin has introduced #LiveBoundless as a credit line card for whom?

Answer» Stashfin is a neo banking platform which introduces #LiveBoundless - a credit line card, especially for women.
1188.

Which bank suspended the License of Millath Co-Operative Bank Due to Inadequate Capital?

Answer» The Reserve Bank of India (RBI) has cancelled the licence of Millath Co-operative Bank Ltd.
1189.

Which small finance bank has launched ENJOI an exclusive savings account for kids?

Answer» Equitas small finance bank has launched ENJOI an exclusive savings account for kids.
1190.

RBI has raised the AFA limit of e-mandates for transactions from Rs. 5,000 to how many Rupees?

Answer» The Reserve Bank of India raised the Additional Factor of Authentication (AFA) limit from Rs. 5,000 to Rs 15,000 per transaction for e-mandates on cards, Prepaid Payment Instruments (PPIs) and UPI for recurring transactions.
1191.

Which institution/ department notifies CII every year?

Answer» The Central Board of Direct Taxes (CBDT) notified the cost inflation index (CII) for FY 2022-23 as 331.
1192.

Which bank approved Shriram Group's merger of financial services businesses?

Answer» The Reserve Bank of India (RBI) has approved Shriram Group's composite scheme of arrangement and amalgamation of financial services businesses.
1193.

Kotak General Insurance Collaborates with whom to offer Motor Insurance?

Answer» Kotak Mahindra General Insurance Company Limited announced that it has partnered with PhonePe Insurance Broking Services Pvt.
1194.

Which bank signed a bancassurance pact with Howrah-based-Paschim Banga Gramin Bank?

Answer» A bancassurance agreement has been reached between the Paschim Banga Gramin Bank and SBI Life Insurance.
1195.

Neobanking platform Freo has launched its digital savings account 'Freo Save' in partnership with which bank?

Answer» Freo, one of India's leading consumer neobanks, launched its digital savings account Freo Save, in partnership with Equitas Small Finance Bank.
1196.

Which bank has launched a new digital platform 'Campus Power' for students?

Answer» ICICI Bank unveiled a digital platform named "Campus Power" to assist students seeking higher education in India and abroad.
1197.

Uni-verse is the Metaverse Virtual Lounge of which bank?

Answer» Union Bank Of India launched MetaVerse Lounge & Open Banking Sandbox Environment.
1198.

Which bank has signed a corporate agency agreement with Shriram General Insurance?

Answer» City Union Bank (CUB) and Shriram General Insurance inked an agreement in a corporate set-up to offer Shriram General Insurance's insurance products through its network of 727 offices throughout India.
1199.

Which bank has renewed the MoU with the Indian Air Force for the Defense Salary Package scheme?

Answer» The country's largest bank, the State Bank of India has simultaneously renewed its existing MoU on the defence salary package scheme with IAF.
1200.

Star Health and Allied Insurance Company signed a corporate agency agreement with which bank for distribution of its health insurance products?

Answer» Star Health and Allied Insurance Company has signed a corporate agency agreement with IDFC FIRST Bank for the distribution of its health insurance products.