Multiple choice

Which of the following is the first Indian bank to get an approval to start normal banking operation in China?

  1. Indian Bank

  2. Punjab National Bank

  3. Corporation Bank

  4. State Bank of India

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

State Bank of India was the first Indian bank to receive approval from the Chinese regulatory authorities to establish normal banking operations. This was a significant milestone in India-China banking relations during the early 2000s.