BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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

Which among the following is the largest foreign bank operating in India in terms of asset base?

A	Stanchart
B	HSBC
C	Citibank
D	DBS

Explanation:

Detailed explanation-1: -Standard Chartered is the largest foreign bank in India.

Detailed explanation-2: -(IDCBY) The largest bank in the world in terms of total assets under management (AUM) as well as gross revenues is the Industrial and Commercial Bank Of China Ltd. This institution provides credit cards and loans, financing for businesses, and money management services for companies and high net worth individuals.

Detailed explanation-3: -Citibank India is a foreign bank in India with a full service onshore platform. Its Indian headquarters is at Bandra Kurla Complex, Mumbai, Maharashtra. It is a subsidiary of Citigroup, a multinational financial services corporation headquartered in New York City, United States.

Detailed explanation-4: -Central Bank of India Central Bank of India is a public sector bank with assets of 3.69 trillion Indian rupees as of fiscal year 2021.

There is 1 question to complete.