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Which of the following banks is NOT a public sector bank?
Canara Bank
Jammu and Kashmir Bank Ltd.
State Bank of India
IndusInd Bank
- Option 1: Canara Bank
- It is a public sector bank.
- It was established in 1906 and nationalized in 1969.
- Option 2: Jammu and Kashmir Bank Ltd.
- It is classified as a private sector bank.
- Though not a typical public sector bank, it is under the administrative control of J&K State.
- Option 3: State Bank of India
- It is India's largest public sector bank.
- Formed in 1955, it plays a crucial role in the country's economy.
- Option 4: IndusInd Bank
- It is a private sector bank.
- Founded in 1994, it offers commercial, transactional, and electronic banking products.
- Correct Answer: Option 4, IndusInd Bank
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