CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has emerged as the top performer among public sector lenders in terms of loan and savings deposit growth?
A
SBI
B
Bank of Maharashtra
C
PNB
D
HDFC
Explanation: 

Detailed explanation-1: -Bank of Maharashtra has emerged as the top performer among public sector lenders in terms of loan growth in percentage terms during second quarter of 2022-23.

Detailed explanation-2: -Bank of Maharashtra (BoM) has emerged as the top performer among the public sector lenders in terms of the loan and deposit growth in percentage terms during the first quarter of 2022-23.

Detailed explanation-3: -First on our list is the Union Bank of India.

Detailed explanation-4: -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.

Detailed explanation-5: -State Bank of India(SBI) is the largest public sector bank in India and Asia and one of the largest in the world.

There is 1 question to complete.