Current Affairs · Banking and Partnerships
In August 2025, Utkarsh Small Finance Bank (SFB) entered into a strategic partnership with Hitachi Payment Services. Consider the following statements regarding this collaboration: 1. The collaboration is aimed at strengthening Utkarsh SFB’s debit card management infrastructure and payment processing systems. 2. Hitachi Payment Services is the largest NBFC in India specialising in agriculture finance and retail lending. 3. The partnership is expected to help Utkarsh SFB enhance its digital banking offerings for customers across India. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only 2
- 2Both 2 and 3
- 3Only 3
- 4Both 1 and 3✓
Correct answer
Both 1 and 3
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