BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Allahabad bank
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Punjab and Sind Bank
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Punjab National Bank
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South Indian Bank
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Detailed explanation-1: -South Indian Bank Limited (SIB) is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 933 branches, 4 service branches, 1 extension counters and 18 Regional Offices spread across India.
Detailed explanation-2: -The FIRST bank in the private sector in India to open a Currency Chest on behalf of the RBI in April 1992. The FIRST private sector bank to open a NRI branch in November 1992. The FIRST bank in the private sector to start an Industrial Finance Branch in March 1993.
Detailed explanation-3: -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-4: -Nedungadi Bank was the first private sector commercial bank to be set up in South India. Appu Nedungadi established the bank in 1899, in Calicut, Malabar District, British India (present day Kozhikode, Kerala, India). The bank was incorporated on 29 May 1913.
Detailed explanation-5: -Yes, Indian Bank is a Government Bank. Indian Bank was established in 1907. It is headquartered in Chennai. The Government of India took over the ownership of Indian Bank in 1978.