BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SBI was earlier placed at 54th rank globally but after the merging it moved to____position making it in the top 50 leading banks globally.
A
42nd
B
44th
C
47th
D
51st
Explanation: 

Detailed explanation-1: -Annual Global Bank Ranking (2021), the State Bank of India was at 57th rank with $638.49 billion in assets, according to S&P Global Market Intelligence.

Detailed explanation-2: -The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806. Three years later the bank received its charter and was re-designed as the Bank of Bengal (2 January 1809).

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