BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1985
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1993
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1989
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1999
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Detailed explanation-1: -Nepal SBI Bank Ltd (NSBL) established in July 1993 as a subsidiary of State Bank of India (SBI). SBI holds 55% of ownership, Nepal Employee Provident Fund (Karmachari Sanchaya Kosh) holds 15% and the balance 30% shares are held with the general public.
Detailed explanation-2: -Strive to fulfill corporate social responsibility in Nepal with emphasis to growth in business. TO BE THE MOST TRUSTED AND PREFERRED BANKING UTILITY/FINANCIAL SERVICE PROVIDER IN NEPAL.
Detailed explanation-3: -Former Associate Banks These seven banks were State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Indore (SBN), State Bank of Mysore (SBM), State Bank of Patiala (SBP), State Bank of Saurashtra (SBS) and State Bank of Travancore (SBT).
Detailed explanation-4: -To behave according to the government’s broad economic policies. Providing financial assistance to cottage industries and small-scale businesses. To provide banking institutions with remittance services. To promote rural credit and stimulate savings by setting up local branches in rural and semi-urban areas.