Bank of Baroda has become the.....largest bank in the country.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Bank of Baroda has become the____largest bank in the country.

A	sixth
B	fourth
C	first
D	third

Explanation:

Detailed explanation-1: -Post-merger, the Bank of Baroda is the third largest bank in India, after State Bank of India and HDFC Bank.

Detailed explanation-2: -Axis Bank is India’s third largest private sector bank that offers financial services for personal and corporate banking. As of April 2022, Axis Bank had 9.96 trillion Indian rupees of assets, giving the bank significant scale.

Detailed explanation-3: -Bank of Baroda Bank of Baroda is an Indian multinational bank. It is the third-largest public sector bank in the country established in 1908. Bank of Baroda will be merged with Vijaya Bank and Dena Bank to create the country’s third-largest lender with a combined business of Rs. 14.82 lakh crore.

Detailed explanation-4: -ICICI Bank Ltd. The Industrial Credit and Investment Corporation of India, popularly known as ICICI Bank has a market capitalization of Rs. 6.08 trillion, as on 23 Jan 2023. It is the third largest among the top banks in India.

Detailed explanation-5: -Among the top 10 banks in India, the bank that makes the highest yearly revenue is HDFC bank. In 2022, HDFC Bank’s annual revenue stands at ₹1.68 lakh crores. After HDFC Bank, ICICI Bank has the second-highest annual revenue.

There is 1 question to complete.