CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is the most valuable bank in the emerging market outside China?
A
ICICI Bank
B
Kotak Mahindra Bank
C
HDFC Bank
D
State Bank of India
Explanation: 

Detailed explanation-1: -RMB Internationalization With access to Bank of China’s extensive global network and over 1, 400 RMB clearing accounts with correspondent banks worldwide, Bank of China U.S.A. is a global leader in RMB clearing for retail, corporate and financial institutions.

Detailed explanation-2: -1. State Bank of India. State Bank of India (SBI) is among the Fortune 500 companies. It is an Indian multinational and Public Sector Banking and Financial services firm.

There is 1 question to complete.