CURRENT AFFAIRS

Detailed explanation-1: -The ratings were based on five parameters: Information dissemination, transparency, grievance redressal, customer centricity and customer feedback. Among private banks, Yes Bank Ltd received the highest rating of 94 out of 100, while RBL Bank led foreign banks with a score of 95.

Detailed explanation-2: -Leading private sector banks in India 2022, by market cap HDFC Bank was the leading Indian private bank based on market capitalization of over eight trillion Indian rupees as of October 2022. ICICI and Kotak Mahindra followed rounding off the top three during the measured time period.

Detailed explanation-3: -HDFC Bank is the most leading private bank in private sector banks. HDFC is the abbreviated form of Housing Development Finance Corporation Limited. It was established in the year 1994.

Detailed explanation-4: -ICICI Bank. One of the most reliable of all private banks, ICICI Bank (Industrial Credit and Investment Corporation of India), offers a wide range of services including truncations, loans, deposits, privilege banking, insurance policies, and Credit Cards amongst others. With revenue of Rs.

Detailed explanation-5: -HDFC is the number one private bank in India.