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Question
Which of the following is/are public sector commercial bank(s)?
Which of the following is/are public sector commercial bank(s)?
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Solution
The correct option is D Punjab National Bank
Public sector commercial banks are owned by the government and operate under the regulation of the Reserve Bank of India. The State Bank of India (SBI) and its associate banks and other commercial banks like the Central Bank of India, Bank of India, Punjab National Bank, and various regional rural banks are some examples of public sector commercial banks. IndusInd is a private sector commercial bank owned by the Hinduja Group.
Public sector commercial banks are owned by the government and operate under the regulation of the Reserve Bank of India. The State Bank of India (SBI) and its associate banks and other commercial banks like the Central Bank of India, Bank of India, Punjab National Bank, and various regional rural banks are some examples of public sector commercial banks. IndusInd is a private sector commercial bank owned by the Hinduja Group.
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