Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Current Affairs

Topic

National: 2023

Question:

Which of the following Indian banks achieved a market capitalization of a hundred billion dollars in July 2023?

Options:

State Bank of India

HDFC

ICICI

Reserve Bank of India

Correct Answer:

HDFC

Explanation:

HDFC Bank, India’s largest private lender, achieved a significant milestone in July 2023 by entering the $100 billion market- capitalization club. This accomplishment came after its reverse merger with its parent company, HDFC Ltd.