CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has been named as the best private bank in India in the recent Global Private Banking Awards 2021?
A
HDFC bank
B
Kotak Mahindra Bank
C
ICICI Bank
D
state Bank of India
Explanation: 

Detailed explanation-1: -HDFC Bank has been adjudged Best Private Bank in India at the Global Private Banking Awards 2021, organised by Professional Wealth Management (PWM).

Detailed explanation-2: -HDFC is the number one private bank in India.

Detailed explanation-3: -For the fourth year in a row, J.P. Morgan Private Bank has been named the “Best Private Bank in the World” by Global Finance.

Detailed explanation-4: -Leading private sector banks in India 2022, by market cap HDFC Bank was the leading Indian private bank based on market capitalization of over eight trillion Indian rupees as of October 2022. ICICI and Kotak Mahindra followed rounding off the top three during the measured time period.

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