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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HDFC Bank
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Axis Bank
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IDBI Bank
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Detailed explanation-1: -HDFC Bank Ltd. As of January 2023, HDFC enjoys a market capitalization of Rs. 9.34 trillion. Headquartered in Mumbai, Housing Development Finance Corporation Ltd. HDFC is the largest private sector bank in India at present and also ranked as Number 1 Bank in India according to as per Forbes World’s Best Bank survey.
Detailed explanation-2: -State Bank of India currently ranks number one in India in terms of market capitalization.
Detailed explanation-3: -JPMorgan Chase & Co, Bank of America Corp, Industrial and Commercial Bank of China Ltd Wells Fargo & Co, and China Construction Bank Corp are the top 5 Global Banks in 2021 by Market Capitalization (as of Sept 30. 2022).
Detailed explanation-4: -In June 2021, State Bank of India (SBI), an international Public Sector Undertaking (PSU) bank, became the largest bank in India, with a market share of assets of 23% and a market capitalization of 383, 312 crores.
Detailed explanation-5: -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.