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WBCS Preliminary Examination 2018 — General Studies · Question 194 of 200

Q194
Current Affairs & General KnowledgeEconomy, Banking & Business
Which bank made the inaugural event of first digital branch named 'CANDI' in Bengaluru, recently?
  1. a.Canara Bank
  2. b.Andhra Bank
  3. c.Dena Bank
  4. d.Karnataka Bank

Answer: (A) Canara Bank

Canara Bank opened its first digital banking branch, named 'CANDI', at Bengaluru in 2017; it offers paperless, self-service banking with tablets and a humanoid robot. Canara Bank has its headquarters at Bengaluru and was founded in 1906 at Mangaluru by Ammembal Subba Rao Pai. Of the other options, Andhra Bank and Dena Bank have since been merged into Union Bank of India and Bank of Baroda respectively.