Which bank replaces SBI to become India's second most valued bank in the country?
A. ICICI Bank
B. Kotak Mahindra Bank
C. Canara Bank
D. PNB
Answer:B
Which bank replaces SBI to become India's second most valued bank in the country?
A. ICICI Bank B. Kotak Mahindra Bank C. Canara Bank D. PNB
Explanation: Kotak Mahindra Bank Ltd on 16th April beat India’s largest lender State Bank of India (SBI) for the first time to become the second most valued bank in the country. Data from BSE showed that Kotak Mahindra Bank has a market capitalization of Rs2,22970.40 crore, after its shares closed 1.88% on 16th April 2018 to record high of Rs 1170.05. SBI market capitalization stood at Rs2,22,043.74 crore. HDFC Bank Ltd remained country’s most valuable bank with a market capitalization of Rs5.04 trillion.