BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not a public sector bank?
A
State of Hyderabad
B
Central Bank of India
C
Regional Rural Bank
D
HDFC Bank
Explanation: 

Detailed explanation-1: -HDFC Bank is a private sector bank in India.

Detailed explanation-2: -Detailed Solution NTPC, SAIL and BHEL Are public sector undertakings. Whereas Tata Iron and Steel Company (Tisco) was established in Jamshedpur in 1907 which is not a public sector undertaking.

Detailed explanation-3: –The Housing Development Finance Corporation Limited (HDFC), one of the largest private sector banks in India, which had a network of 1, 725 branches as at March 2010, opened 275 new branches in the current fiscal.

Detailed explanation-4: -HDFC Bank Limited (also known as HDB) is an Indian banking and financial services company headquartered in Mumbai. It is India’s largest private sector bank by assets and world’s 10th largest bank by market capitalisation as of April 2021.

There is 1 question to complete.