Which entity has surpassed State Bank of India(SBI) for the first time, in terms of market capitalization ?
A. Bajaj Finance Ltd
B. ICICI Bank
C. HDFC Bank
D. Axis Bank
Answer:A
Which entity has surpassed State Bank of India(SBI) for the first time, in terms of market capitalization ?
A. Bajaj Finance Ltd B. ICICI Bank C. HDFC Bank D. Axis Bank
Explanation: On October 1, 2019 Bajaj Finance Ltd based at Pune, Maharashtra, has surpassed India’s largest bank, the State Bank of India (SBI) for the first time, in terms of market capitalization. The market capital of Bajaj Finance stood at Rs 2.32 lakh crore while it was Rs 2.28 lakh crore for SBI.