GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is the largest foreign bank in India?
A
HSBC Ltd.
B
DBS Bank Ltd.
C
Standard Chartered Bank
D
American Express Bank Ltd.
Explanation: 

Detailed explanation-1: -Standard Chartered is the largest foreign bank in India.

Detailed explanation-2: -Standard Chartered PLC, our UK based parent, became the first foreign company to list in India through the issuance of Indian Depository Receipts in June 2010.

Detailed explanation-3: -Standard Chartered plc is a British multinational bank with operations in consumer, corporate and institutional banking, and treasury services.

Detailed explanation-4: -HSBC Holdings (HSBC) It is one of the largest banks in the world by total assets and has operations in more than 64 countries. HSBC offers a wide range of financial products and services, including retail and commercial banking, wealth management, and investment banking.

There is 1 question to complete.