BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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42
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43
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44
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45
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Detailed explanation-1: -According to the Reserve Bank of India (RBI), there are now 46 Foreign banks in India as of 2022.
Detailed explanation-2: -As of the year 2022, 46 international banks have established operations in India, as reported by the country’s central bank. A total of 45 international banks operate in India, with most of their roughly 300 branches concentrated in the country’s largest cities.
Detailed explanation-3: -Standard Chartered is the largest foreign bank in India. There were around 46 international banks in India in the year 2020. Other well-known foreign banks having a large presence in India are Citibank, Deutsche Bank, and Barclays Bank. The headquarter is located in Hong Kong.
Detailed explanation-4: -Foreign banks too started to appear, particularly in Calcutta, in the 1860s. Grindlays Bank opened its first branch in Calcutta in 1864. The Comptoir d’Escompte de Paris opened a branch in Calcutta in 1860, and another in Bombay in 1862; branches followed in Madras and Pondicherry, then a French possession.
Detailed explanation-5: -At present, there are 12 public sector banks in India.