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2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has been ranked as number one state-owned bank in terms of digital transactions, with a score of 71?
A
Punjab National Bank
B
Allahabad Bank
C
Andhra Bank
D
Bank of Maharashtra
Explanation: 

Detailed explanation-1: -"Based on the recent findings of DFS, PNB is ranked number one PSU bank in digital transactions in India. The bank is fully committed to the Digital India initiative,” it said. The bank is rated as ‘Good’ by the government with a score of 71 which is the highest category of performance, it said.

Detailed explanation-2: -Detailed Solution. Punjab National Bank has been ranked as the best PSU bank in the overall digital transactions category in India. IBPS PO Exam Dates Out for 2023 Cycle! Earlier, IBPS PO Mains Results were released on the official website on 5th January 2023.

Detailed explanation-3: -Punjab National Bank (abbreviated as PNB) is an Indian public sector bank based in New Delhi. The bank was founded in May 1894 and is the third largest public sector bank in India, both in terms of its business volumes and its network. The bank has over 180 million customers, 12,248 branches, and 13,000+ ATMs.

Detailed explanation-4: -State Bank of India (SBI) Having 23% of shares of the total market assets in India, this bank is the largest public sector bank of India and tops the list of best bank in India. It also holds 1/4th of the total loans and deposits in the current financial market.

Detailed explanation-5: -Punjab National Bank The bank was established in 1894. PNB bank is merged with OBC Bank and United Bank. The new bank will become the second-largest Public Sector Bank of India with 18 Lakh crore rupees and the second largest in terms of branch network across the country.

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