Question

Read the following extract and answer the questions that follow.

Commercial banks are profit making institutions that accept deposits from the general public and give loans to the borrowers. Commercial banks in India include : State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank and many others.

Now, Answer the following questions:

1. Name the largest commercial bank of India?
2. Which is the biggest private sector commercial bank of India?
3. Is Axis bank a private sector bank or public sector bank?

Answer 1

1. State Bank of India.
2. HDFC Bank.
3. Axis Bank is a private sector bank.