Q. What is the current number of private scheduled commercial banks in India?
Answer:
All of the above
Notes: There are 21 private sector banks in India as of March 1, 2023. These banks are owned primarily by private entities and offer a variety of banking and financial services. Some examples of private sector banks include:
Axis Bank, Bandhan Bank, CSB Bank, City Union Bank, DCB Bank, Dhanlaxmi Bank, Federal Bank, HDFC Bank.
There are also 12 public sector banks in India.