BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The government has infused how much crore Rupees in four public sector banks, including UCO Bank and Syndicate Bank recently?
A
Rs 28, 615 crore
B
Rs 43, 203 crore
C
Rs 54, 102 crore
D
Rs 10, 882 crore
Explanation: 

Detailed explanation-1: -The government has infused a total capital of Rs 14, 500 crore in four public sector banks (PSBs).

Detailed explanation-2: -Currently in India there are 12 banks in number that are nationalised, and their names are Punjab National Bank, Bank of Baroda, Bank of India, Central Bank of India, Canara Bank, Union Bank of India, Indian Overseas Bank, Punjab, and Sind Bank, Indian Bank, UCO Bank, and Bank of Maharashtra, State Bank Of India. Q4.

Detailed explanation-3: -Central Bank of India: The government currently holds 93.08 percent stake in the Central Bank of India.

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