Which bank has announced the launch of a digital FD facility on the Google Pay app, without the need to open an account with the bank?

• A. India Post Payments Bank
• B. Equitas Small Finance Bank
• C. Kotak Mahindra Bank
• D. IndusInd Bank

Answer: (B)

The Equitas Small Finance Bank (ESFB) has launched a new initiative in partnership with Google Pay, under which it will enable the users of the Google Pay app to open fixed deposits (FDs) on Google Pay, in under 2 minutes without having to open a bank account with ESFB.