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1201.

Which bank has completed technical integration with the new e-filing portal of the Income Tax department?

Answer» Kotak Mahindra Bank has completed technical integration with the new e-filing portal (eportal.incometax.gov.in) of the Income Tax department.
1202.

Which bank has imposed a fine of Rs 1.67 crore on Ola Financial Services for non-compliance?

Answer» The RBI imposed a monetary penalty of Rs. 1.67 crores on Ola Financial Services.
1203.

JCB nominated which bank as the preferred financier and signed MoU?

Answer» JCB nominates Karnataka bank as the preferred financier and signs MoU.
1204.

Which bank has been named the 2022 'World's Best SME Bank' by Euromoney for the second time?

Answer» DBS Bank has been recognized as the 'World's Best SME Bank' by Euromoney for the second time (the first time in 2018).
1205.

Which bank has signed MoU with Haryana to distribute mobile phones?

Answer» Public sector Indian Bank has inked a Memorandum of Understanding with a pact with the Government of Haryana towards the distribution of mobile phones to consumers through an e-unified payment interface system.
1206.

Which bank will be the world's top 10 most valuable banks after its merger with its parent?

Answer» HDFC Bank will be among the world's top 10 most valuable banks after its merger with parent HDFC.
1207.

Which bank has announced severe restrictions on three cooperative banks for non-compliance with the directions?

Answer» The Reserve Bank has announced severe restrictions on three cooperative banks.
1208.

Which is the first bank in India to list its Payment Gateway platform on the income tax department's TIN 2.0 platform?

Answer» Federal Bank has become India's first bank to list its Payment Gateway platform on the income tax department's TIN 2.0 platform.
1209.

Reserve Bank of India signed MoU to improve mutual cooperation with which bank?

Answer» RBI and the Bank Indonesia (BI) signed a Memorandum of Understanding on July 16, 2022, in Bali, Indonesia, on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting to improve mutual cooperation between the two central banks.
1210.

Which bank has allowed invoicing and payments for international trade in Indian Rupee in August 2022?

Answer» The Reserve Bank of India (RBI) has allowed invoicing and payments for international trade in the Indian Rupee.
1211.

Which bank imposed restrictions on 3 urban cooperative banks?

Answer» The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition.
1212.

HDFC is to fully acquire venture capital arm HVCL by buying shares from which bank?

Answer» According to HDFC Bank, it will acquire its venture capital subsidiary HVCL by buying out the State Bank of India's 19.5 percent stake in the company.
1213.

Which bank has approved a proposal to raise Rs 20,000 crore in debt to fund business growth?

Answer» Private lender IndusInd Bank board has approved a proposal to raise Rs 20,000 crore in debt to fund business growth.
1214.

Global escrow banking solution provider Castler has partnered with which bank to offer digital escrow services for the bank's customers?

Answer» Global escrow banking solution provider Castler has partnered with Yes Bank to offer digital escrow services for the bank's customers.
1215.

Which bank has own more than 40 percent?

Answer» The Reserve Bank of India is learnt to have accepted the Centre's request for allowing non-financial institutions and non-regulated entities to own more than 40 percent of IDBI Bank.
1216.

Which bank will manage the IVAC in Bangladesh for two more years?

Answer» The State Bank of India (SBI) will manage the Indian Visa Application Centre (IVAC) in Bangladesh for two more years.
1217.

Which bank has approved a USD 96.3 million loan to fund a safe drinking water project in Himachal Pradesh?

Answer» The Asian Development Bank (ADB) has approved a $96.3 million loan.
1218.

Which global bloc created Crypto-Asset Reporting Framework (CARF)?

Answer» The Organisation for Economic Co-operation and Development (OECD) has created a new global tax transparency framework for the automatic exchange of information related to crypto assets between countries.
1219.

Which bank has partnered with BookMyShow to launch a new credit card named 'Play'?

Answer» The RBL Bank has partnered with BookMyShow to launch a new credit card named 'Play'.
1220.

Who is not among the reappointed four independent directors on the RBI central board?

Answer» The central government has re-appointed Satish Kashinath Marathe, Swaminathan Gurumurthy, Revathy Iyer, and Sachin Chaturvedi.
1221.

Which bank will manage the IVAC in Bangladesh for another two years?

Answer» The State Bank of India (SBI) will manage the Indian Visa Application Center (IVAC) in Bangladesh for two more years.
1222.

Which of the bank inked an agreement with Shriram General Insurance to offer Shriram General Insurance's insurance products?

Answer» City Union Bank (CUB) and Shriram General Insurance inked an agreement in a corporate setup to offer Shriram General Insurance's insurance products.
1223.

Manimekhalai became the first female MD & CEO of which bank has set "RACE" for growing business as its aim for the year?

Answer» Manimekhalai, who became UBI's first female leader on June 7th, emphasised that the bank has set "RACE" for enhancing business.
1224.

Which bank has announced the completion of its technical integration with the new income tax e-filing system?

Answer» Kotak Mahindra Bank has announced the completion of its technical integration with the new income tax e-filing system.
1225.

Which bank will soon provide its customers with WhatsApp-based banking?

Answer» State Bank of India (SBI) will soon provide its customers with WhatsApp-based banking.
1226.

Which company has launched a Zero Investment Plan for women entrepreneurs on the occasion of 75th Independence Day?

Answer» Pennierboy, a company with no country branch banking and digital network.
1227.

ReNew Power has raised how many USD billion project loans through ECB in partnership with 12 international banks?

Answer» Gurgaon-based ReNew Power has raised a $1-billion project loan through external commercial borrowings (ECB), tying up with 12 international banks for the finance.
1228.

Indian Army has signed an MoU with how many banks for providing banking facilities to Agniveers on enrolment?

Answer» The Indian Army has signed an MoU with 11 Banks for providing banking facilities to Agniveers on enrolment.
1229.

A new advanced supervisory monitory system- Daksh has been launched by which organization?

Answer» The Governor of the Reserve Bank of India Shaktikanta Das launched a new 'SupTech' initiative Daksh.
1230.

Under which act, the minutes of the Monetary Policy Committee Meeting are released?

Answer» In section 45ZL of the Reserve Bank of India Act, 1934, the Reserve Bank publishes the minutes of the proceedings of the meeting on the fourteenth day after every meeting of the Monetary Policy Committee.
1231.

Which bank has launched 'KBL Centenary Deposit Scheme?

Answer» Karnataka Bank has launched a Term Deposit Scheme "KBL Centenary Deposit Scheme" with a higher rate of interest.
1232.

Which bank has set up a "RACE" goal as part of its plan to be top 3 PSBs in India?

Answer» The fifth largest Public Sector Bank in India, the Union Bank has set "RACE" - grow RAM loans, improve Asset quality, increase CASA and increase Earnings - as its goal for the year.
1233.

Mahindra & Mahindra Financial Services has partnered with which payment bank to further enhance credit access to a larger customer base?

Answer» Mahindra & Mahindra Financial Services has partnered with India Post Payments Bank (IPPB) to further enhance credit access to a larger customer base.
1234.

Which payment banks have partnered with the Reserve Bank Innovation Hub (RBIH) to Collaborate for innovations in Financial Products & Services in October 2022?

Answer» India Post Payments Bank (IPPB) & Reserve Bank Innovation Hub (RBIH) Collaborate for innovations in Financial Products & Services.
1235.

Sandeep Bakshi has been appointed as MD and CEO of which bank?

Answer» The board of directors of ICICI Bank has re-appointed Sandeep Bakhshi as the bank's managing director (MD) and chief executive officer (CEO) for a period of three years, the bank said in a regulatory filing.
1236.

Which payment bank has launched a group accident insurance plan with an accidental death coverage of Rs 10 lakh in partnership with TATA AIG and Bajaj Allianz General Insurance companies?

Answer» India Post Payment Bank (IPPB) has launched a group accident insurance plan with an accidental death coverage of Rs 10 lakh.
1237.

RBI has imposed a fine of Rs 32 lakh on which bank for breach of directions on classification & reporting of frauds?

Answer» The Reserve Bank of India (RBI) has imposed a fine of Rs 32 lakh on Indian Bank for breach of directions on classification & reporting of frauds.
1238.

In accordance with the RBI Act, the central bank is required to make a report to the government if the inflation target is not maintained for how many quarters?

Answer» Under section 45ZN of the RBI Act, the central bank is required to submit a report to the government explaining the reasons and remedial actions it would take, in case of failure to maintain its inflation target for three consecutive quarters.
1239.

PM has introduced the "Mission Schools of Excellence" in Gujarat is funded by which bank?

Answer» The "Mission Schools of Excellence" are funded in part by the World Bank and have a budget of 10,000 crores.
1240.

Which bank has received CII digital transformation awards?

Answer» Karnataka Bank has won the Confederation of Indian Industry's (CII) National Digital Transformation Awards, "DX 2022 Awards" for best practices in digital transformation in the BFSI sector.
1241.

NPCI Bharat Billpay partners with which bank for credit card bill payments?

Answer» NPCI Bharat BillPay Ltd. (NBBL), the wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has partnered with Kotak Mahindra Bank Limited (KMBL) to introduce its credit cards on the Bharat BillPay ecosystem.
1242.

Which bank has partnered with the Business Association of Nagas (BAN) to help 1000 entrepreneurs with financing in the state of Nagaland?

Answer» The State Bank of India (SBI) in collaboration with the Business Association of Nagas (BAN) has decided to help 1000 entrepreneurs with financing. An MoU has been signed between the two parties to facilitate ease of doing business and finance MSMEs of Naga entrepreneurs in the state.
1243.

Which bank has partnered with the AI startup HyperVerge for a Video Banking solution?

Answer» HyperVerge, the AI product startup has partnered with India's largest bank State Bank of India with one of its flagship products the Video Banking solution.
1244.

What is the maximum amount outstanding in respect of full-KYC PPIs as set by RBI?

Answer» The Reserve Bank of India has increased the maximum amount outstanding in respect of full-KYC PPIs from Rs. 1 lakh to Rs. 2 lakh.
1245.

What shall be the maximum limit of cash-withdrawal per transaction in Full KYC PPI issued by non-Bank PPI issuers?

Answer» The Maximum limit of Rs. 2,000 per transaction with an overall limit of Rs. 10,000 per month per PPI.
1246.

How much amount will RBI transfer to Central Government as surplus for FY21?

Answer» The Reserve Bank of India will transfer Rs 99,122 crore surplus to Central Government for the accounting period of nine months ended March 31, 2021.
1247.

The HDFC Bank has predicted the GDP growth rate of India for FY22 at how much percent?

Answer» The HDFC Bank has projected India's GDP growth rate for FY22 at 10%.
1248.

The HDFC Bank has cut India's growth projection to how much percent for FY22?

Answer» The HDFC Bank has cut India's growth projection to 10 per cent from 11.5 per cent for the current financial year, citing the adverse effect of the second Covid-19 wave.
1249.

Which bank has acquired a 10% stake in CSC Grameen e-Store?

Answer» The HDFC Bank has acquired a 10% stake in CSC Grameen e-Store, a special purpose vehicle run by the Ministry of Electronics and Information Technology, for an undisclosed amount.
1250.

Which bank announced the launch of the "I choose my number" feature for all its customers across India?

Answer» The Jana Small Finance Bank has announced the launch of "I choose my number" feature for all its customers across India.