Core Banking - Current Affairs Questions and Answers

1)   IDFC has inked a pact with which IT services major for core banking solutions on 7th December 2015?

a. TCS
b. Infosys
c. Cognizant
d. HP
Answer  Explanation 

ANSWER: TCS

Explanation:
IDFC Bank has inked a pact with IT services major Tata Consultancy Services to use TCS BaNCS for its core banking solutions. Around 23 branches will be powered by this core banking solution. TCS has deployed more than 300 similar projects across the globe.