BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Bank’s headquarter is located in Mumbai?
A
Allahabad Bank
B
Union Bank of India
C
United Bank of India
D
Punjab and Sindh Bank
Explanation: 

Detailed explanation-1: -Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity and the Government of India holds 83.49 percent in Bank’s total share capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company.

Detailed explanation-2: -Union Bank Of India from Union Bank Of India group, specialized as Banking and has 123 branches in Mumbai.

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