BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Yes 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: -Re-categorization of IDBI Bank Ltd. as a Private Sector Bank The Bank was categorized as a ‘Private Sector Bank’ for regulatory purposes by the Reserve Bank of India with effect from 21 January 2019 consequent upon Life Insurance Corporation of India acquiring 51% of the total paid-up equity share capital of the bank.
Detailed explanation-2: -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-3: -Notes: Corporation Bank is a public-sector banking company headquartered in Mangalore, India.