GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
First Indian bank to open a branch outside India is____
A
Canara Bank
B
Bank of India
C
State Bank of India
D
Punjab National Bank
Explanation: 

Detailed explanation-1: -Then came an International mark in 1946, Bank of India opens a branch in London. Being the first Indian Bank to have branches overseas.

Detailed explanation-2: -Allahabad Bank first open a branch in antarctica

Detailed explanation-3: -It has overseas branches in Colombo and Singapore including Foreign Currency Banking Units at Colombo and Jaffna.

Detailed explanation-4: -Detailed Solution. The SBI’s Shanghai branch is now connected to China’s National Advance Payment System (CNAPS), becoming the first Indian Bank to operationalise it.

There is 1 question to complete.