Banking Institutions and History

HDFC's tagline 'With You, Right Through' emphasizes their commitment to being with customers throughout their financial journey. This branding position HDFC as a long-term partner in customers' home financing needs.

Correct Answer: ICICI Bank and Axis Bank

Correct option is (4).

Correct option is (2).

SBI (State Bank of India) launched the 'Vishwa Yatra' foreign travel card in 2005-06 to facilitate Indian travelers abroad. It was a prepaid foreign currency card. Bank of Baroda, ICICI Bank, and Kotak Mahindra Bank had similar products but 'Vishwa Yatra' was specifically SBI's branded product.

State Bank of India was seeking a Qualified Full Banking status in Singapore to mobilize retail deposits and set up ATM networks. Many Indian banks were expanding their international operations during this period, and SBI was one of the most aggressive in pursuing overseas expansion.

China announced plans to launch a private bank specifically designed for millionaires, catering to high-net-worth individuals with specialized wealth management services. This was part of China's financial sector liberalization and the growing demand for premium banking services among the wealthy elite.

Vodofone India is in association with ICICI bank has launched M-Pesa

Mahindra and Mahindra is not allowed by RBI to set up white label ATMs.

RBI is called as mint road, because of its high minting activity in the country.

IndusInd Bank was established by the Hinduja Group, a multinational business conglomerate. The bank was one of the first new-generation private banks in India and has been controlled by the Hinduja business group since its inception. Note: The question spells it as 'Indusland' but this appears to be a typo for IndusInd Bank.

ICICI Bank is the correct answer. In 2013, the Securities and Futures Commission (SFC) of Hong Kong fined ICICI Bank for dealing in securities without proper licensing. The SFC took action against the bank's Hong Kong branch for conducting unauthorized securities trading activities. None of the other banks listed (SBI, ABN Amro, PNB) faced this specific penalty from Hong Kong's regulator.

Correct answer is (5). 

'Pure Banking Nothing Else' is State Bank of India's (SBI) famous tagline, emphasizing its focus on core banking services without diversification into insurance or other financial products. This positioning distinguishes SBI from competitors like ICICI and HDFC who offer broader financial services.

ICICI Bank became the first bank in India to launch the EMI (Equated Monthly Installment) facility on debit cards, allowing customers to convert purchases into monthly installments. This was a significant innovation in retail banking. Option D is correct.