BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The largest Nationalized Commercial Bank in India at present is____
A
Reserve Bank of India
B
State Bank of India
C
Central Bank of India
D
Bank of India
Explanation: 

Detailed explanation-1: -SBI is the largest commercial bank of India. SBI stands for State Bank of India. It is a public sector bank . Its headquater is situated in Mumbai, Mahashtra.

Detailed explanation-2: -The State Bank of India (SBI) is the largest bank in India and also one of the biggest corporations in the world.

Detailed explanation-3: -State bank of India (SBI), the country’s largest lender, has survived and thrived through many an upheaval in its 217-year history.

Detailed explanation-4: -The bank has a vast domestic network of over 10, 800 branches (approximately 14% of all bank branches in India) and has over 8, 500 ATMs. It commands 15.14% of deposits and 15.61% of advances of all scheduled commercial banks in India. The Corporate Centre of SBI is in Mumbai.

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