BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Chennai is the headoffice of which of the following banks?
A
Bank of India
B
Indian Bank
C
Andhra Bank
D
Dena Bank
Explanation: 

Detailed explanation-1: -Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 39, 734 employees, 5, 721 branches with 5, 428 ATMs and Cash deposit machines.

Detailed explanation-2: -Government of India announced Amalgamation of Allahabad Bank – a bank with 155 years legacy into Indian Bank. Bank commenced its operation as an amalgamated entity from 1st April 2020. The integration of CBS systems of both the Banks was completed on 14.02.2021.

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