Have you ever been inside a bank? What are the names of some banks you know?
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I have been in many banks. some common banks in India are:
State Bank Of India.
HDFC Bank.
ICICI Bank.
Punjab National Bank.
Axis Bank. Type:
Canara Bank.
Bank of Baroda.
Union Bank.
Answered by
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Yes, I have been inside the bank. Some of the names of banks include State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Punjab National Bank, etc.
Explanation:
- The banks come under the category of tertiary sector of economic system and it plays a crucial role in development of country's economic conditions.
- It is also helpful to people who can keep their savings in it and in return is granted interest money. Also, banks help to provide loans to it is consumers with a fixed interest rate which they have to pay after a fixed period of time, this has removed possibility of money lending in any kind of informal manner.
- Some of major banks of India include State Bank of India which is largest public sector bank in India, other banks includes Punjab National Bank, Axis Bank, ICICI Bank, etc.
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