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1401.

Which bank partnered with Remitly for secure and easy remittance to India?

Answer» For safe and simple remittances to India, the nation's largest lender, State Bank of India (SBI), has collaborated with Remitly.
1402.

Union Bank of India has inaugurated the 'Ethical Hacking Lab' at the Cyber Security Centre of Excellence (CCoE) in which city?

Answer» Union Bank of India has inaugurated the 'Ethical Hacking Lab' at the Cyber Security Centre of Excellence (CCoE) in Hyderabad.
1403.

Which bank announced a $14 billion assistance to fight food insecurity in the Asia Pacific?

Answer» The Asian Development Bank announced a $14 billion assistance to fight food insecurity in the Asia Pacific.
1404.

Which bank & WAARE Collaborate to Finance Projects for Consumers & Channel Partners?

Answer» WAAREE, India's largest Solar Panel manufacturer, has entered into an Agreement with SBI for availing unsecured financing for solar projects and providing working capital for Channel Partners.
1405.

Which bank has become the first in India to issue an Electronic Bank Guarantee?

Answer» HDFC bank becomes the first bank in India to issue an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL).
1406.

Which bank has announced the debut of a branded home buyer ecosystem with "Open Doors" in partnership with Square Yards (an integrated real estate platform)?

Answer» Private lender Axis Bank and Square Yards (an integrated real estate platform) have announced the launch of 'Open Doors', a co-branded home buyer ecosystem.
1407.

Which one is the first bank to issue an electronic bank guarantee?

Answer» The HDFC Bank, the largest private sector bank in India, became the first bank in the country to issue an Electronic Bank Guarantee (e-BG).
1408.

Which bank has signed an agreement with the NMDFC for the development of financial accounting software and mobile application?

Answer» The National Minorities Development and Finance Corporation (NMDFC) announced that it had entered into an agreement with ICICI Bank for the creation of mobile applications and financial accounting software.
1409.

RBI's LRS, how much did Indian remit in the Q1FY23?

Answer» International travel contributed $2.92 billion of the $6.04 billion remitted under LRS in Q1FY23.
1410.

Which bank has opened its all-women branch in Kozhikode, north Kerala?

Answer» HDFC Bank opened an all-women branch in Kozhikode, north Kerala.
1411.

Which bank has partnered with NPCI to launch RuPay credit cards?

Answer» ICICI Bank has announced its partnership with the National Payments Corporation of India (NPCI) to launch a range of credit cards on RuPay, the indigenous payments network.
1412.

Which organization is working on a new "fraud registry", a reporting mechanism to blacklist scammers?

Answer» The Reserve Bank of India is working on a new "fraud registry" - a reporting mechanism under which data shared by banks with RBI on fraudsters will enable the regulator to blacklist such callers.
1413.

Federal Bank launched the pilot for digitalization of KCC lending in TN & MP with which bank?

Answer» RBI announced the pilot for KCC lending in Madhya Pradesh and Tamil Nadu in September with Union Bank of India and Federal Bank.
1414.

Which bank to sell stressed assets worth Rs 48k cr to JC Flowers ARC, a US-based asset reconstruction company?

Answer» Yes Bank is to sell stressed assets worth around Rs 48,000 crore to JC Flowers ARC, which has turned out to be the sole bidder for the portfolio.
1415.

India's IFSCA tied up with which bank for fintech innovations?

Answer» A FinTech Co-operation Agreement was signed by the International Financial Services Centres Authority (IFSCA) and the Monetary Authority of Singapore (MAS) to promote regulatory cooperation and partnership in FinTech technologies.
1416.

Ananth Narayan Gopalakrishnan has been appointed as the fourth whole-time member of which bank?

Answer» Ananth Narayan Gopalakrishnan, an associate professor at SP Jain Institute of Management and Research (SPJIMR), has been appointed a whole-time member of the Securities and Exchange Board of India (SEBI).
1417.

Bank credit growth accelerated to how many percentages in the quarter that ended June 2022?

Answer» Bank credit growth accelerated to 14.2 percent in the quarter that ended June 2022 from 6 percent in the same period of the previous year.
1418.

Which bank launched Contactless Credit Card with the Indian Army?

Answer» BOB financial launches Contactless Credit Card with the Indian Army.
1419.

NMDFC signed an MoU with which bank for the development of banking software and apps?

Answer» The National Minorities Development and Finance Corporation (NMDFC) has signed an agreement with ICICI Bank for the development of financial accounting software and mobile application.
1420.

Which bank has partnered with Tata Neu to launch two new credit cards?

Answer» HDFC Bank has partnered with Tata Neu to launch two new credit cards.
1421.

Which bank has appointed Gopal Jain and Dr Sivakumar Gopalan as the non-executive directors?

Answer» The private sector lender RBL Bank has appointed Gopal Jain and Dr Sivakumar Gopalan as the non-executive directors.
1422.

Which bank has become the first public sector bank to go live on the AA ecosystem?

Answer» The Union Bank of India became the first public sector bank to go live on the Account Aggregator (AA) ecosystem.
1423.

Which bank has topped the chart in the debit card market with a 30 percent market share as of June 2022?

Answer» The State Bank Of India (SBI) has maintained its leadership position in the debit card market and HDFC Bank in the credit card market as of June 2022.
1424.

Which bank issues new guidelines on digital lending to protect borrowers?

Answer» The Reserve Bank of India announced the guidelines on digital lending. The central bank has given regulated entities (RE) till November 30th to put in place adequate systems and processes to ensure that 'existing digital loans' comply with fresh lending guidelines.
1425.

Which Small Finance Bank has launched a 'Rainbow Savings Account' exclusively for the transgender community?

Answer» ESAF Small Finance Bank Limited has launched a 'Rainbow Savings Account' exclusively for the transgender community.
1426.

Which bank has been selected by RBI for the 'test phase' of the 'On Tap' application facility?

Answer» The Reserve Bank of India (RBI) namely HDFC Bank has been selected for the 'test phase' of the 'On Tap' application facility for the theme 'Retail Payments' under regulatory Sandbox.
1427.

Which bank became the first Indian bank to get RBI approval for rupee trading?

Answer» UCO bank became the first Indian bank to get RBI approval for rupee trading.
1428.

Which bank became 1st PSB to go live in the new direct tax collection system TIN 2.0?

Answer» The Bank of India (BOI) has become the first public sector bank to go live on the Income Tax Department's new Direct Tax Collection System Tin 2.0.
1429.

Which bank introduced a new SMS banking facility for its customers?

Answer» The private sector lender HDFC Bank introduced a new SMS banking facility for its customers.
1430.

Sumant Kathpalia re-appointed as MD & CEO of which bank for 3 years?

Answer» Sumant Kathpalia was re-appointed as MD & CEO of IndusInd Bank for 3 years.
1431.

Which bank has become the first to enter the metaverse?

Answer» JPMorgan announced that it has become the first bank to enter the metaverse. It has opened a lounge in Decentraland i.e. a virtual world based on blockchain technology.
1432.

Which bank has acquired the highest stake in India Debt Resolution Company Ltd?

Answer» Canara Bank has acquired the highest stake 14.90% in India Debt Resolution Company Ltd.
1433.

Which bank has partnered with Assam Rifles to provide Central Forces Salary Package to all personnel of the force?

Answer» Bank of Baroda has signed an MoU with Assam Rifles, the oldest paramilitary force, to provide the Baroda Central Forces Salary Package to all personnel of the Assam Rifles.
1434.

Bharti Airtel has joined hands with which bank to launch a co-branded credit card to strengthen the growth of India's digital ecosystem?

Answer» Axis Bank and Bharti Airtel have entered into a strategic partnership to strengthen the growth of the digital ecosystem in India, through a range of financial solutions.
1435.

Which bank imposed a penalty of ₹3.06 crore on Amazon Pay (India) for violation of norms?

Answer» The RBI imposed a penalty of ₹3.06 crore on Amazon Pay (India) for violation of norms.
1436.

Who was named the "BS Banker of the Year 2022" from HDFC Bank?

Answer» Sashidhar Jagdishan from HDFC Bank was named the "BS Banker of the Year 2022". The award was selected by a five-member jury chaired by former Reserve Bank of India deputy governor SS Mundra.
1437.

Which bank appointed Abhishek Sankar Bagchi as its new CFO?

Answer» Karnataka Bank appointed Abhishek Sankar Bagchi as its new CFO.
1438.

From which bank did IREDA receive the ‘Infrastructure Finance Company’ status?

Answer» IREDA received ‘Infrastructure Finance Company’ status from RBI.
1439.

Which bank has partnered with ITC to offer rural lending products?

Answer» Axis Bank has partnered with ITC to offer rural lending products.
1440.

Which bank launched the “Har Payment Digital” mission to make every citizen a digital payment user?

Answer» RBI launched the “Har Payment Digital” mission to make every citizen a digital payment user.
1441.

Which bank initiated the 75 digital villages programme?

Answer» RBI initiated the 75 digital villages programme.
1442.

Which bank's board approved 49% stake divestment in BFSL?

Answer» Bank of Baroda's board approved a 49% stake divestment in BFSL.
1443.

Which bank completed the acquisition of Citigroup’s India consumer business for an overall consideration of ₹11,603 crore?

Answer» Axis Bank completed the acquisition of Citigroup’s India consumer business for an overall consideration of ₹11,603 crore.
1444.

Which bank allowed UPI transactions for inbound G-20 travellers?

Answer» The RBI allowed UPI transactions for inbound G-20 travellers.
1445.

Which bank did raise Rs 3717cr from its third AT1 bond sale?

Answer» SBI raised Rs 3717cr from its third AT1 bond sale.
1446.

Which bank has allowed banks from 18 countries to open special vostro rupee accounts (SVRAs) for settling payments in Indian rupees?

Answer» RBI has allowed banks from 18 countries to open special vostro rupee accounts (SVRAs) for settling payments in Indian rupees.
1447.

Which bank signed an MoU with the Central Warehousing Corporation to finance farmers?

Answer» PNB signed an MoU with the Central Warehousing Corporation to finance farmers.
1448.

Which bank has launched its private cloud platform, 'MAHABANK NAKSHATRA', to strengthen its digital infrastructure?

Answer» Bank of Maharashtra has launched its private cloud platform, 'MAHABANK NAKSHATRA', to strengthen its digital infrastructure.
1449.

Which bank permitted India and Tanzania to utilize their national currencies for trading?

Answer» The RBI permitted India and Tanzania to use their national currencies for trading.
1450.

Which bank received the ‘Prathista Puraskar’ under ‘Digidhan Awards 2021-22’ from the Ministry of Electronics and Information Technology (MeitY)?

Answer» Karnataka Bank received the ‘Prathista Puraskar’ under ‘Digidhan Awards 2021-22’ from the Ministry of Electronics and Information Technology (MeitY).