CURRENT AFFAIRS

Detailed explanation-1: -HDFC Bank Ltd. has been voted ‘Most Outstanding Company – Financial Sector’ in India, in a poll conducted by the well-known publication Asiamoney .

Detailed explanation-2: -The correct answer is HDFC Bank. The HDFC Bank has been voted ‘Overall Most Outstanding Company in India, ’ in a poll conducted by reputed publication Asiamoney.

Detailed explanation-3: -With a market cap of ₹1, 763, 263.62 crores Reliance Industries leads the Indian Industries with the highest market cap. The multinational conglomerate company is headquartered in Mumbai and engages in a range of businesses in the textiles, telecommunications, retail, natural resources, and petrochemical sectors.

Detailed explanation-4: -However, the financial sector in India is predominantly a banking sector with commercial banks accounting for more than 64% of the total assets held by the financial system. The Government of India has introduced several reforms to liberalise, regulate and enhance this industry.

Detailed explanation-5: -Ans. 1 According to a study done by the reputable journal Asiamoney, HDFC Bank is the most remarkable corporation in India. Q.