BANKING AFFAIRS

Detailed explanation-1: -Founded in 1943, UCO Bank is a commercial bank and a Government of India Undertaking. Its Board of Directors consists of government representatives from the Government of India and Reserve Bank of India as well as eminent professionals like accountants, management experts, economists, businessmen, etc.

Detailed explanation-2: -Notes: Corporation Bank is a public-sector banking company headquartered in Mangalore, India.

Detailed explanation-3: -There are 12 public sector banks in India. These are Union Bank of India, UCO Bank, State Bank of India, Punjab National Bank, Punjab and Sind Bank, Indian Overseas Bank, Indian Bank, Central Bank of India, Canara Bank, Bank of Maharashtra, Bank of India, and Bank of Baroda.

Detailed explanation-4: -The correct option is B ICICI Bank Which among the following is the oldest Public Sector Bank of India?