The public sector banks are banks where a majority state is held by the Government. Which of the following banks is the second largest public sector bank among the 236 PSBs in India in terms of profit?

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Bank of India
B	Punjab National bank
C	bank of baroda
D	Central Bank of India

Explanation:

Detailed explanation-1: -Bank of Baroda (BOB) has achieved a total business of Rs 20, 73, 385 crore as of 31 December 2022, registering a growth of 18.5% y/y. Its latest financial statement claims that BOB is now India’s second-largest public sector bank as per total business.

Detailed explanation-2: -Terms after the merger Oriental Bank of Commerce and United Bank of India, merged with the anchor bank PNB, would be worth Rs. 7.95 tn., making it India’s 2nd largest bank. At Rs. 15.2 tn., the Canara Bank, merged with Syndicate Bank, would become the 4th largest in India.

Detailed explanation-3: -#1 Union Bank First on our list is the Union Bank of India.

There is 1 question to complete.