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    Which of the following is NOT one of the scheduled public sector banks in India?
    Question

    Which of the following is NOT one of the scheduled public sector banks in India?

    A.

    Canara Bank

    B.

    UCO Bank

    C.

    Indian Overseas Bank

    D.

    Bandhan Bank

    Correct option is D

    The correct answer is (d) Bandhan Bank.
     Bandhan Bank is a private sector bank in India, established in 2015.
     It started as a micro-finance company and later received approval from the Reserve Bank of India (RBI) to operate as a bank.
     Bandhan Bank is not a public sector bank but is classified as a scheduled commercial bank.
     Public sector banks are those in which the majority stake is held by the government of India.
    Information Booster:
    Canara Bank: One of the largest public sector banks in India, headquartered in Bangalore. Established in 1906.
    UCO Bank: A major public sector bank, headquartered in Kolkata, established in 1943.
    Indian Overseas Bank: Another public sector bank, headquartered in Chennai, established in 1937.

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