BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Public Sector Bank
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Private Sector Bank
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Co-operative Bank
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Foreign Bank
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Detailed explanation-1: -Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.
Detailed explanation-2: -Axis Bank established in 1993 was the first of the new private banks to have begun operations in 1994 after the Government of India allowed new private banks to be established. Axis Bank Ltd. has been promoted by the largest and the best Financial Institution of the country, UTI.
Detailed explanation-3: -HDFC is the number one private bank in India.
Detailed explanation-4: -PRIVATE BANKS 4 Bank of Maharashtra 4 Development Credit Bank Ltd. 5 Canara Bank (Including Syndicate Bank) 5 Dhanlaxmi Bank Ltd. 6 Central Bank of India 6 Federal Bank Ltd. 7 Indian Bank (Including Allahabad Bank) 7 HDFC Bank Ltd.
Detailed explanation-5: -As a part of the RBI policy on liberalization of the banking industry in 1994, HDFC was started in August 1994. It is the largest private sector bank in India as of today. Some facts about the HDFC bank are as follows: Full form – Housing Development Finance Corporation.