BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Karnataka Bank Limited is a scheduled commercial banking institution based in
A
Mysore
B
Bijapur
C
Mengaluru
D
Hubli
Explanation: 

Detailed explanation-1: -Karnataka Bank Limited, a leading ‘A’ Class Scheduled Commercial Bank in India, was incorporated on February 18th, 1924 at Mangaluru, a coastal town of Dakshina Kannada district in Karnataka State.

Detailed explanation-2: -Karnataka Bank Limited is an Indian private sector bank based in Mangalore.

Detailed explanation-3: -While Syndicate Bank would be merged with yet another Karnataka-based bank – Canara – a move expected to create fourth largest PSB in India with expected business of 15.20 lakh crore. The move will also create third largest branch network in India, with 10, 342 branches.

Detailed explanation-4: -Get details about Karnataka Bank in Karnataka along with the location of its around 555 branches in the state.

Detailed explanation-5: -As of today, State Bank of Mysore, Canara Bank, Vijaya Bank and Vysya Bank have their headquarters in Bangalore, Corporation Bank and Karnataka Bank are headquartered in Mangalore while Syndicate Bank is headquartered in Manipal.

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