Multiple choice

HSBC, OBC and _______ are combining to make their entry in Insurance Sector.

  1. Canara Bank

  2. Allahabad bank

  3. Centurion bank

  4. Centurion Punjab Bank
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A Correct answer
Explanation

Canara Bank partnered with HSBC (a global banking giant) and OBC (Oriental Bank of Commerce) to make their joint entry into the insurance sector. This was a strategic collaboration to leverage Canara Bank's extensive branch network with HSBC's international insurance expertise. Allahabad Bank, Centurion Bank, and Centurion Punjab Bank were not part of this specific insurance venture.

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