CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has surpassed ICICI Bank in market valuation
A
Axis Bank
B
HDFC
C
Kotak Mahindra
D
Federal Bank
Explanation: 

Detailed explanation-1: -HDFC Bank is the largest private sector bank in India at present. The bank clocked the consolidated assets worth Rs. 9.33 trillion as on Jan 23, 2023.

Detailed explanation-2: -On the other hand, the ICICI is a private sector bank (privately owned), with a relatively smaller clientele base. It is one of the major banks in India (precisely the second largest), but much smaller than the SBI. It has 950 branches, with 3, 500 branches across India.

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