Daily Current Affairs: India's Banks Recently In News for Upcoming Exam Target

Exam Target Daily Current Affairs:

(1) INDIAN BANK :

Founded - 1907

HQ - Chennai

Founder - S M Ramaswami Chettiar

MD & CEO - Shanti Lal Jain

Tagline -:

     (1) Your Own Bank

     (2) Banking That's Twice As Good

 EXTRA FACTS

🔸 32 Lakh panalty by RBI

🔸 Allahabad Bank merged with Indian                Bank in 2020

🔸 Indian Bank launched Digital Banking             Solution "E Broking"

🔸KCC Digital Renewal Scheme

🔸IND Spring Board initiative

(2) INDUSIND BANK :

Founded - 1994

HQ - Mumbai

Founder - S P Hinduja

MD & CEO - Sumant Kathpalia

Tagline - We Make You Feel Richer

▪️ EXTRA FACTS

🔸 1 cr Panalty by RBI

🔸 IndusInd bank's "Indus Merchant                     Solutions" received Digital CX Award for         'Outstanding Digital CX - SME  Payments'

🔸IndusInd bank received Global 'Celent             Model Bank' Award EPH initiative

🔸EPH :- Enterprise Payments Hub

(3) SYNDICATE BANK :

Founded - 1925

HQ - Manipal

MD & CEO - Mrityunjay Mahapatra

Tagline - Faithful and Friendly

🔸 Syndicate Bank merged with Canara                Bank in 2019

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