Question

______ is the largest commercial bank of India.

Options

• Reserve Bank of India

• ICICI Bank

• Punjab National Bank

• State Bank of India

Answer 1

State Bank of India is the largest commercial bank of India.

Explanation:

State Bank of India is a public sector bank and plays a crucial role in the Indian banking system. SBI has the widest network of branches and the largest customer base, making it the biggest commercial bank in the country. Unlike the Reserve Bank of India (RBI), which is the central bank responsible for regulating the banking system and controlling money supply, SBI is engaged in providing comprehensive banking services to the public.