Q. Global Trust Bank was acquired by which of the following banks in year 2004?
Answer:
Oriental Bank of Commerce
Notes: Global Trust Bank was acquired by Oriental Bank of Commerce in 2004. This acquisition was part of a broader trend in the Indian banking sector during the early 2000s, where several banks merged or were acquired to strengthen their financial positions and enhance stability. Oriental Bank of Commerce, established in 1943, has a important presence in India and has undergone various transformations, including mergers, to expand its reach and services.