BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ICICI Bank
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Axis Bank
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HDFC Bank
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None of the above
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Detailed explanation-1: -It is India’s largest private sector bank by assets and world’s 10th largest bank by market capitalisation as of April 2021. It is the third largest company by market capitalisation of $127.16 billion on the Indian stock exchanges. It is also the fifteenth largest employer in India with nearly 150, 000 employees.
Detailed explanation-2: -By total sales during the year, HDFC Bank is the largest private bank in India. As part of the Reserve Bank of India’s (RBI) liberalisation of the Indian Banking Industry in 1994, it was among the first to receive in-principle approval to establish a bank in the private sector.
Detailed explanation-3: -HDFC is the number one private bank in India.
Detailed explanation-4: -HDFC Bank is the most leading private bank in private sector banks. HDFC is the abbreviated form of Housing Development Finance Corporation Limited. It was established in the year 1994.
Detailed explanation-5: -HDFC Bank. HDFC Bank is a banking and financial services company and second largest private sector bank by assets.