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Which of the following banks became the third largest Bank in India in April 2019?
Question

Which of the following banks became the third largest Bank in India in April 2019?

A.

HDFC Bank

B.

Axis Bank

C.

Bank of Baroda

D.

SBI Bank

Correct option is C


The correct answer is (c) Bank of Baroda.
· Bank of Baroda became the third largest bank in India in April 2019. This status was achieved following the merger of Dena Bank and Vijaya Bank with Bank of Baroda. The amalgamation was part of the Indian government's plan to consolidate public sector banks to create stronger and more resilient banking institutions.
· The merger significantly increased the bank's customer base, branch network, and asset size, thereby elevating its position in the Indian banking sector.

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