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Which private sector bank has launched an instant international payment services using RippleNet (Ripple’s enterprise blockchain technology solution)?
  • a)
    ICICI Bank
  • b)
    SBI
  • c)
    Canara Bank
  • d)
    RBI
  • e)
    Axis Bank
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Which private sector bank has launched an instant international paymen...
Answer – 5. Axis Bank
Explanation :
Private sector bank, Axis Bank has launched an instant international payment services using RippleNet (Ripple’s enterprise blockchain technology solution). This facility is currently available for Axis Bank’s retail customers in India to receive payments from the UAE-based Rak Bank. Axis Bank’s corporate customers in India can also use this facility to receive payments from Standard Chartered, Singapore.
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Which private sector bank has launched an instant international payment services using RippleNet (Ripple’s enterprise blockchain technology solution)?a)ICICI Bankb)SBIc)Canara Bankd)RBIe)Axis BankCorrect answer is option 'E'. Can you explain this answer?
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