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Which of the following is not a Public S...

Which of the following is not a Public Sector Bank?

A

HDFC Bank

B

Canara Bank

C

State Bank of India

D

Punjab National Bank

Text Solution

Verified by Experts

The correct Answer is:
D
Public Sector Banks (PSBs) are a major type of bank in India, where a majority stake (i.e. more than 50%) is held by a government. The shares of these banks are listed on stock exchanges. There are a total of 18 Public Sector Banks alongside 1 state-owned Payments Bank in India.
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