CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has topped in BFSI Firm Repot?
A
SBI
B
HDFC Bank
C
DBS
D
Yes Bank
Explanation: 

Detailed explanation-1: -HDFC Bank is the top-ranked company among the 100 Banking, Financial Services and Insurance (BFSI) companies in the country, as per the BFSI Movers and Shakers 2020 report by Wizikey. HDFC Bank has topped because of its customer service, monetary management, and innovative offerings amid the coronavirus pandemic.

Detailed explanation-2: -Performance, Reliability, and Scale are a staple in every solution built by Market Simplified. These three virtues are the reason why Market Simplified has been awarded as the Economic Times Best BFSI Brand 2022.

Detailed explanation-3: -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.

Detailed explanation-4: -The State Bank of India (SBI) is the largest bank in India and also one of the biggest corporations in the world.

Detailed explanation-5: -However, Axis Bank provides a better risk-reward opportunity in terms of valuation, as it is trading at 2.5 times its book value while ICICI Bank and HDFC Bank are trading at 3.4 and 3.64 times their book value, respectively."

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