BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of these is not a new private sector bank?
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IDFC
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Axis Bank
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Lakshmi Vilas Bank
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Kotak Mahindra Bank
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Explanation:
Detailed explanation-1: -Notes: Lakshmi Vilas Bank was founded in 1926 by a group of seven businessmen of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar. All the other options are new private sector banks.
Detailed explanation-2: -Examples of Private banks are HDFC Bank, ICICI Bank, AXIS Bank, etc. 2. Public Sector Banks:-Majority of the stake is held by the government. Examples of Public Sector Banks are Punjab National Bank, State Bank of India and Central Bank of India, etc.
There is 1 question to complete.