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2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank Launches UK Subsidiary With 225 Millions Pounds Capital?
A
State Bank of India
B
Dena Bank
C
Canara Bank
D
Yes Bank
Explanation: 

Detailed explanation-1: -The UK subsidiary of the SBI has been launched with an initial capital commitment of 225 million pounds from its parent entity.

Detailed explanation-2: -The top 5 largest banks in the UK are HSBC Holdings, Lloyds Banking Group, Royal Bank of Scotland Group, Barclays, and Standard Chartered. These banks hold most of the monopoly on many financial services. However, there’s a total of 10 banks that stand out from the crowd.

Detailed explanation-3: -Who Are the “Big 4” High Street Banks in the UK? The “Big 4” banks in the UK are Barclays, HSBC, Lloyds Banking Group, and Natwest Group. The term “Big 42“ is used across the global banking industry to identify the top banks in each country based on varying factors.

Detailed explanation-4: -HSBC Holdings plc is a multinational banking and financial services company headquartered in London. It is the largest bank in the UK and Europe, and one of the top 10 banks in the world by assets and market capitalization.

There is 1 question to complete.