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Banking

Q1:

Which bank has launched digital US dollar fixed deposits for NRI customers at GIFT City, Gujarat?

A HDFC Bank

B IDFC FIRST Bank

C Axis Bank

D Kotak Mahindra Bank

ANS:C - Axis Bank

Axis Bank has introduced digital US dollar fixed deposits (FDs) for NRI customers at the IFSC Banking Unit (IBU) at GIFT City, Gujarat. This initiative, offered through the bank's mobile banking application, provides a seamless and paperless process for opening and managing FDs, enhancing customer experience and convenience.



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