Question : Which of the following bank has recently(December 2021) got MeitY award(DigiDhan award) for highest Bhim-Upi transactions for two years ?
a. Karnataka Bank
b. HDFC Bank
c. Axis Bank
d. Kotak Bank
Ans. a.
Related facts —
- Karnataka bank has recently(December 2021) been conferred with two DigiDhan awards instituted by the MeitY.
- Here MeitY stands for — Ministry of Electronics and Information Technology.
- Karnataka bank received these awards for achieving the target with the highest percentage in BHIM-UPI transactions under the private sector bank category consecutively for two years – 2019-20 and 2020-21.
- It is noteworthy that bank has always stood ahead of the time in adopting the latest digital technology to its products in order to provide the best in class service to its customers.