Multiple choice

Directions: Choose the correct option for the given question.

Axis Bank' is the new proposed name for

  1. UCO Bank

  2. IDBI Bank

  3. UTI Bank

  4. ICICI Bank
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

UTI Bank was rebranded as Axis Bank in 2007 to create a distinct identity after its separation from UTI (Unit Trust of India). The name change was part of the bank's strategy to position itself as an independent entity. This rebranding was approved by shareholders and regulatory authorities.

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