BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these is an Old Private Sector Bank?
A
Karur Vysya Bank
B
Federal Bank
C
Karnataka Bank
D
All of the above
Explanation: 

Detailed explanation-1: -The first private sector bank in India is Indusland Bank. It was established in 1994 by SP Hinduja, and now it has an excellent banking network with 760 branches in India.

Detailed explanation-2: -Allahabad Bank is the oldest Public Sector Bank of India. It was established in 1865.

Detailed explanation-3: -At present, there are 21 private sector banks in India. In India, there are two categories of commercial banks: scheduled commercial banks and non-scheduled commercial banks.

There is 1 question to complete.