Indian navy banking

Question 1

(1) announced the signing of a Memorandum of Understanding (MoU) with the Indian Navy to offer (2), a premium banking solution, to serving personnel and veterans of the Indian Navy.

Answer 1

1. IDFC FIRST Bank

Question 2

(1) announced the signing of a Memorandum of Understanding (MoU) with the Indian Navy to offer (2), a premium banking solution, to serving personnel and veterans of the Indian Navy.

Answer 2

2. Honour FIRST

Question 3

FEATURES OF HONOUR FIRST

Answer 3

1. is a ZERO BALANCE SALARY ACCOUNT
2. 5% INTEREST PER ANNUM
3. NO MINIMUM BALANCE
4. PERSONAL ACCIDENTAL INSURANCE UPTO 46 LAKHS

Question 4

IDFC FIRST BANK FORMATION

Answer 4

1) BY MERGER OF IDFC BANK LTD AND CAPITAL FIRST LTD IN 2018
2) HQ: MUMBAI
3) V. VAIDYANATHAN