Which among the following is not a Public Sector Bank?

  1. HDFC
  2. IDBI
  3. PNB
  4. SIDBI
Desire Adnan Default Asked on 3rd August 2015 in Finance.
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1 Answer(s)


House Developing Finance Corporation Limited  short for HDFC is not a Public sector bank. The Bank was incorporated in August 1994 in the name of HDFC Bank Limited. Hasmukhbhai Parekh is the founder of the HDFC Bank. This Bank commenced operations as Scheduled Commercial Bank in January 1995. HDFC is the 5th largest Bank in India by assets. HDFC Bank present time has a national wide network of 4,014 Branches and 11,766 ATM’s in 2464 Indian towns and cities.  HDFC provides with various products. Some of them are as follows:

  • Credit card
  • Personal loan
  • Home loan
  • Travelers Cheques
  • Foreign Currency cash
  • Trade services
  • Cheque deposits
  • Mutual funds

Major Commercial Bank

Monis Rasool Professor Answered on 3rd August 2015.
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