BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1994
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1991
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1993
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1996
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Detailed explanation-1: -HDFC Bank was incorporated in August 1994 in the name of HDFC Bank Limited, with its registered office in Mumbai, India. The bank commenced operations as a Scheduled Commercial Bank in January 1995.
Detailed explanation-2: -In March 1995, HDFC Bank launched its first IPO of ‘500 million (50, 000, 000 equity shares at ‘10 each at par).
Detailed explanation-3: -The bank offers commercial, transactional and electronic banking products and services. IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh. IndusInd Bank is the first among the new-generation private banks in India.
Detailed explanation-4: -1990-During November, the company issued 13, 77, 500 equity shares of Rs. 100 each at a premium of Rs. 85 per share to the public.
Detailed explanation-5: -HDFC Bank was incorporated in 1994 as a subsidiary of the Housing Development Finance Corporation, with its registered office in Mumbai, Maharashtra, India.