BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is the name of private sector Bank in India?
A
IDBI Bank
B
Axis Bank
C
Corporation Bank
D
UCO Bank
Explanation: 

Detailed explanation-1: -Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It sells financial services to large and mid-size companies, SMEs and retail businesses.

Detailed explanation-2: -Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.

Detailed explanation-3: -City Union Bank Ltd. DCB Bank Ltd. Federal Bank Ltd. ICICI Bank Ltd.

Detailed explanation-4: -RBL bank, HDFC Bank, ICICI Bank, Yes Bank, etc. are the private sector banks in India. They provide all the banking products and services to the customers.

Detailed explanation-5: -Private-sector banks At present, there are 21 private banks in India, as of 1 January 2022.

There is 1 question to complete.