BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
IndusInd Bank Limited is a____based Indian new generation bank, established in 1994.
A
Bengaluru
B
Mumbai
C
Chennai
D
Kolkata
Explanation: 

Detailed explanation-1: -The bank offers commercial, transactional and electronic banking products and services. IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh. IndusInd Bank is the first among the new-generation private banks in India.

Detailed explanation-2: -IndusInd Bank Ltd is one of the new generation private sector banks in India. The Bank’s business lines include corporate banking retail banking treasury and foreign exchange investment banking capital markets non-resident Indian/high-net-worth individual banking and information technology.

Detailed explanation-3: -Indusind Bank Locations-Mumbai Indusind Bank from IndusInd Bank group, specialized as Banking and has 21 branches in Mumbai.

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