Quizz on news updates 20.03.2024

Which bank is planning to launch its digital payments acceptance product 'Spring by Citi' in India in Q2 of this year?

• ICICI Bank

• Citibank

• State Bank of India

• Bank of India

Who has been elevated to the partner role at SoftBank India?

• Sarthak Misra

• Anundhati Bhattacharya

• K Paul Thomas

• Vineeth Subramanyam

What is the biggest challenge for small banks according to ESAF SFB chief?

• Managing electronic payment flows

• Launching digital payment products

• Investing in technology ventures

• Mobilising low-cost CASA deposits

Which bank recently cut home loan rates to 8.3% and fully waived off processing fees?

• ICICI Bank

• Bank of India

• HDFC Bank

• State Bank of India

What penalty did RBI impose on DCB Bank and Tamilnad Mercantile Bank?

• Rs 1.31 crore on DCB Bank and Rs 63.60 lakh on Tamilnad Mercantile Bank

• Rs 63.60 lakh on DCB Bank and Rs 63.60 lakh on Tamilnad Mercantile Bank

• Rs 1.31 crore on DCB Bank and Rs 1.31 crore on Tamilnad Mercantile Bank

• Rs 63.60 lakh on DCB Bank and Rs 1.31 crore on Tamilnad Mercantile Bank

Where is State Bank of India planning to shift its centralised global back office and some other foreign exchange related departments?

• Kolkata

• Mumbai

• Delhi

• Chennai

Who is declared the winning bidder for a majority debt of Wind World (India) by lenders?

• National Asset Reconstruction Company (NARCL)

• JC Flowers ARC

• State Bank of India

• Omkara ARC

What happened to the Sensex and Nifty on March 19th, 2024?

• They fell by 2%

• They fell by 1%

• They remained unchanged

• They rose by 1%

What percentage of online banking users surveyed have had to pay hidden charges according to a report?

• 63%

• 41%

• 39%

• 32%

What did RBI reject a demand from banks to do regarding loans to government-backed entities?

• Reduce interest rates

• Provide more loans

• Scrap higher risk weights

• Increase risk weights