Total Questions: 150
State Bank of India became the first Indian bank to open its branch in China in 2006 .
In January 2014, Axis Bank had opened a branch in Shanghai, making it the first Indian private sector bank to accept deposits in the Chinese mainland. The Shanghai branch was opened four months after the Axis Bank received permission to start banking operations from the China Banking Regulatory Commission in September, 2013.
On 12 December, 2002, ICICI started the first ever moving ATM service in Mumbai. ICICI is a private commercial bank.
Private sector HDFC Bank launched 'e-Kisan Dhan' app for farmers all over India in June, 2020. Through this app the farmers will be able to access a bouquet of services, both banking and agriculture, through their mobile phones. 'e-Kisan Dhan' app will provide value-added services like mandi prices, latest farming news, weather forecast, information on seed varieties and more. Users can also avail multiple banking services through this app.
New Bank of India was merged with Punjab National Bank in 1993. On 30 August, 2019, Finance Minister Nirmala Sitharaman announced that the Oriental Bank of Commerce and United Bank of India would be merged with Punjab National Bank and on 1 April, 2020 this merger came into effect.
On 13 August 2010, Bank of Rajasthan was merged with ICICI Bank Ltd.
Bank of Karad was closed due to securities scam and merged with Bank of India in 1994.
Institution Established in (Month, Year)
ICICI - January, 1955 IDBI - July, 1964 IFCI - July, 1948
All of the given institutions are involved in medium and long-term industrial financing.
List-I List-II (Bank) (Type)
A. Indian Bank 1. Foreign B. ICICI Bank 2. Cooperative C. CITI Bank 3. Private D. Saraswat Bank 4. Public
Codes
The correctly matched lists are as follows : Bank Type
Indian Bank - Public ICICI Bank - Private CITI Bank - Foreign Saraswat Bank - Cooperative
