​On August 22, 2024, Bandhan Bank launched 'Avni' savings account, a product specially designed for women that offers personal accident insurance cover of ______.

Correct option is C

The correct answer is (c) ₹10 lakh

Explanation:

On August 22, 2024, Bandhan Bank launched the 'Avni' savings account, specifically designed for women. This account offers a personal accident insurance cover of ₹10 lakh.

Information Booster:

Bandhan Bank :

• Foundation:
• Originated as an NGO.
• Transitioned into an NBFC-MFI (Non-Banking Financial Company – Microfinance Institution).
• Received Universal Banking License from RBI on August 23, 2015.
• Headquarters:
• Kolkata, West Bengal.
• Leadership:
• Ratan Kumar Kesh is the Interim MD & CEO (as of 2024–25).
• Tagline:
• “Aapka Bhala. Sabki Bhalai.”