BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following Indian Banks is not a Nationalised Bank?
A
Corporation Bank
B
Dena Bank
C
Federal Bank
D
Vijaya Bank
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is the State Bank of India.

Detailed explanation-2: -Federal Bank Limited is an Indian private sector bank headquartered in Aluva, Kochi, Kerala. The bank has 1, 336 branches spread across different states in India.

Detailed explanation-3: -No, Federal bank is a private sector bank. Public sector bank-public sector banks are banks where majority share or more than 50% share is held by Govt.

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