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2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the Bank which became the second largest public sector undertaking (PSU) bank.
A
Axis Bank
B
Bank of Baroda
C
Union Bank of India
D
Dena Bank
Explanation: 

Detailed explanation-1: -Bank of Baroda (BOB or BoB) is an Indian public sector bank headquartered in Vadodara, Gujarat. It is the second largest public sector bank in India after State Bank of India, with 132 million customers, a total business of US$218 billion, and a global presence of 100 overseas offices.

Detailed explanation-2: -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.

Detailed explanation-3: -#3 Bank of Baroda Third on our list is Bank of Baroda (BOB).

Detailed explanation-4: -PSBs in India: On the basis of the assets held by the bank, SBI tops the list of top 10 PSBs in India. It is followed by PNB and Bank of Baroda. SBI holds total assets worth a whopping Rs 45.34 lakh crores.

Detailed explanation-5: -Motilal Oswal tracks top 7 PSU banks - State Bank of India, Punjab National Bank, Bank of India, Bank of Baroda, Central Bank, Union Bank and Indian Bank and from the list its top picks are SBI, BoB and Central Bank.

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