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Question
Which of the following banks has taken over the Centurion Bank of Punjab?
Which of the following banks has taken over the Centurion Bank of Punjab?
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Solution
The correct option is C HDFC Bank
The Centurion
Bank of Punjab (formerly Centurion Bank) was an Indian private sector bank that
provided retail and corporate banking services. It operated on a strong
nationwide franchise of 403 branches and had over 5,000 employees. The bank
listed its shares on the major Indian stock exchanges and on the Luxembourg
Stock Exchange. On 23 May 2008 HDFC Bank acquired Centurion Bank of
Punjab.
The Centurion
Bank of Punjab (formerly Centurion Bank) was an Indian private sector bank that
provided retail and corporate banking services. It operated on a strong
nationwide franchise of 403 branches and had over 5,000 employees. The bank
listed its shares on the major Indian stock exchanges and on the Luxembourg
Stock Exchange. On 23 May 2008 HDFC Bank acquired Centurion Bank of
Punjab.
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