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Which of the following commercial banks ...

Which of the following commercial banks of India recently opened its branch in Shanghai?

A

State Bank of India

B

Axis Bank

C

ICICI Bank

D

Oriental Bank of Commerce

Text Solution

Verified by Experts

The correct Answer is:
B

Axis Bank, country's third largest private lender, opened a branch in Shanghai in January 2014 after receiving permission from the China Banking Regulatory Commission. With this, it became the first domestic private sector lender to have a branch presence in China.
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