Multiple choice general knowledge

What was AXIS Bank earlier known as?

  1. Dena Bank

  2. Bank of Baroda

  3. UTI bank

  4. Apex Bank
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C Correct answer
Explanation

AXIS Bank was originally established as UTI Bank in 1994 when it was promoted by Unit Trust of India. The bank was renamed to AXIS Bank in 2007 as part of rebranding when UTI acted as a sponsor. UTI stands for Unit Trust of India, which was the founding institution.

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