SSC CHSL 2021 PYQ — Question 47

SSC CHSL - 16 April 2021 - Shift 1 • General Awareness • Q47

Which of the following banks appointed Infosys Finacle to power its digital transformation in November 2020?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is Option 1. i.e. Xac Bank.

  • Xac Bank, a leading universal bank in Mongolia and Infosys Finacle, part of EdgeVerge Systems, a wholly owned subsidiary of Infosys, announced the selection of Finacle's core banking, treasury and corporate banking solution suites to power XacBank's digital transformation. 
  • The Finance solution suite will enable the bank to drive all round business transformation to improve customer engagement, operational excellence and the flexibility to launch tailored offerings on demand, for continuous growth and innovation.