BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is the largest foreign bank in India?
A
HSBC
B
Citi Bank
C
Standard Chartered Bank
D
Deutshce Bank
Explanation: 

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

Detailed explanation-2: -Standard Chartered is the largest foreign bank in India. There were around 46 international banks in India in the year 2020. Other well-known foreign banks having a large presence in India are Citibank, Deutsche Bank, and Barclays Bank. The headquarter is located in Hong Kong.

Detailed explanation-3: -Standard Chartered PLC, our UK based parent, became the first foreign company to list in India through the issuance of Indian Depository Receipts in June 2010.

Detailed explanation-4: -India. Standard Chartered is India’s oldest foreign bank and largest international bank with 100 branches in 43 cities.

Detailed explanation-5: -HSBC Holdings (HSBC) It is one of the largest banks in the world by total assets and has operations in more than 64 countries. HSBC offers a wide range of financial products and services, including retail and commercial banking, wealth management, and investment banking.

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