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Indian Bank partnered with Fisdom

Published on June 11, 2021
Current Context: The Indian Bank has entered into a partnership with Fisdom, which is a wealth-tech company.
Indian Bank partnered with Fisdom
  • They have partnered to offer wealth management products and services to the bank’s customers.
  • The wealth products and services will be granted through Indian Bank’s network of 6000 branches and its digital platforms like mobile banking application and internet banking portal.
  • During the first phase of the partnership, the customers of the bank can perform investment in any mutual fund of their choice and the National Pension System. The investment can be performed through the lender's IndOASIS mobile app and its internet banking portal.
  • The customers will be able to access and view details related to funds, investment schemes and track mutual funds' performance in real-time.
  • The upcoming phases of partnership will introduce various new features in order to enhance customer experience.
  • Fisdom will grant solution across investments, savings and protection plans.
  • Static Part: 
    • HQ of Indian Bank: Chennai, Tamil Nadu
    • Tagline of Indian Bank: Your own bank
    • HQ of Fisdom: Bengaluru

Question:

Q.1 Which bank partnered with Fisdom to offer wealth management products and services to its customers?
a. Indian Bank
b. Union Bank of India
c. Punjab National Bank
d. Canara Bank
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