2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Axis Bank
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ICICI Bank
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Yes Bank
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HDFC Bank
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Detailed explanation-1: -Axis Bank will wind up its UK subsidiary following termination of an agreement to sell 100 per cent of the stake to OpenPayd Holdings Ltd.
Detailed explanation-2: -Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It sells financial services to large and mid-size companies, SMEs and retail businesses.
Detailed explanation-3: -Following the merger of Axis Bank and Citi, Citi’s retail customers will become Axis Bank customers. CCI has approved the Rs 12, 325-crore merger deal between Axis Bank and the Citibank.
Detailed explanation-4: -Walk into our Overseas Branch at London. Fill up an Application Form and provide your Personal ID / KYC documents (if you are not Axis Bank account-holder)
Detailed explanation-5: -We advise that the name of ‘UTI Bank Ltd’ has been changed to ‘Axis Bank Ltd’ in the Second Schedule to the Reserve Bank of India Act, 1934 with effect from July 30, 2007 by notification DBOD. No. PSBD. 1174/16.01.