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Which of the following statements correctly describes the State Bank of India (SBI)?

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Question

Which of the following statements correctly describes the State Bank of India (SBI)?

Options

  • It is a small private bank with only urban branches

  • It is the largest commercial bank in India with about 25% market share of loans and deposits

  • It operates only within India and has no foreign branches

  • It mainly lends only to the government sector

MCQ
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Solution

It is the largest commercial bank in India with about 25% market share of loans and deposits

Explanation: 

SBI is the largest commercial bank in India with around 25% market share of total loans and deposits and a very large customer base.​

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