GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In which year “UTI Bank(Now Axis Bank)” was formed?
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1991
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1992
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1993
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1994
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Explanation:
Detailed explanation-1: -Axis Bank as we know it today, started as UTI bank promoted by the Unit Trust of India in the year 1994.
Detailed explanation-2: -Detailed Solution. Option 4 is correct, i.e. Axis bank. The name of UTI Bank was changed to Axis bank ltd on 30th July 2007.
Detailed explanation-3: -Mumbai, March 01, 2023: Axis Bank, one of India’s largest private sector banks, has completed the acquisition of Citibank’s consumer business in an accelerated time frame of within 7 months post receipt of CCI approval, displaying a strong testament of its execution Page 2 strength.
There is 1 question to complete.