Question

Which bank is considered India's largest bank?

• A. Reserve Bank of India
• B. State Bank of India
• C. Bank of Baroda
• D. Punjab National Bank

Answer 1

Answer:

B. State Bank of India

• India's largest bank- State Bank of India

• Private Banks are known for their speedy implementation of operations by utilizing innovative systems such as ATM, Credit Card, Phone Banking, Net Banking and Core Banking - New Generation Banks

• Banks are classified on the basis of operations as commercial banks, cooperative banks, development banks and specialized banks.