GK
BANKING AWARENESS AND SEBI
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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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HDFC Bank
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South Indian Bank
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Detailed explanation-1: -As a part of the RBI policy on liberalization of the banking industry in 1994, HDFC was started in August 1994. It is the largest private sector bank in India as of today. Some facts about the HDFC bank are as follows: Full form – Housing Development Finance Corporation.
Detailed explanation-2: -ICICI BANK ICICI has the second position in the most leading private sector bank. The bank was founded in the year 1994. Initially, when the bank was established, its name was Industrial Credit and Investment Corporation of India.
Detailed explanation-3: -ICICI Bank Ltd. The Industrial Credit and Investment Corporation of India, popularly known as ICICI Bank has a market capitalization of Rs. 6.08 trillion, as on 23 Jan 2023. It is the third largest among the top banks in India.