Which of the following banks has taken over the Centurion Bank of Punjab?

ICICI Bank

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IDBI Bank

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HDFC Bank

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Axis Bank

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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.

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