BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rana Kapoor
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Aditya Puri
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Uday Kotak
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Shikha Sharma
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Detailed explanation-1: -HDFC Bank savings account interest rate HDFC bank offers an interest rate on savings accounts for balances less than Rs 50 lakh is 3 percent, and above Rs 50 lakh is 3.50 percent.
Detailed explanation-2: -Sashidhar Jagdishan, the new CEO of HDFC Bank, has a lot to prove after succeeding the long-serving and well-regarded Aditya Puri.
Detailed explanation-3: -As per the official website of the bank, the new interest rates are effective as of 3rd January 2023. Following the revision, the bank is now offering interest rates ranging from 4.50% to 7.00% for the general public and 5.00% to 7.75% for senior citizens on deposits maturing in 7 days to 10 years.
Detailed explanation-4: -Current MD & CEO Jagdishan, who took over from Puri in October 2020, is being posed the same query after the bank’s merger with parent HDFC Ltd. The merger has created a giant with a balance sheet size of Rs 29 lakh crore, next only to the State Bank of India’s Rs 52 lakh crore (till September 2022).