Banking Institutions and History

Union Bank of India uses the tagline 'Good people to bank with' as part of its brand positioning. State Bank of India, UCO Bank, and PNB have their own distinct taglines.

SBI (State Bank of India) is a public sector bank, not a private bank. ICICI Bank, UTI Bank (now AXIS Bank), and HDFC Bank are all private sector banks. The question correctly identifies SBI as the only non-private bank among the options.

The bank that issues the ATM card provides the PIN to the customer. The PIN is generated by the bank's security system and either mailed separately or delivered through secure channels like ATM activation. The RBI does not provide individual PINs, SEBI regulates securities markets (not banking), and the customer receives but does not create the PIN.

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Corporation Bank

Issuing of one rupee notes and coins is the function of the Government of India, not the RBI. The RBI handles currency notes above Rs. 1 (Rs. 2, 5, 10, etc.). The RBI does act as banker to the government, manages foreign exchange reserves, and regulates credit in the economy.

HDFC Bank has been recognized among the world's best financial institutions by various international publications including Forbes and Euromoney. It's known for strong fundamentals, asset quality, and digital banking leadership.

The National Housing Bank (NHB) is fully owned by RBI bank and regulation authority in India, created on July 8, 1988. Its headquarters are in New Delhi.

Central Bank of India had 5% stake in CIBIL while Transunion International Inc (TII) had the majority shareholder in CIBIL at 27.5%.

Correct answer is (3). 

Option (1) is the correct answer. 

Option (3) is the correct answer. 

UTI (Unit Trust of India) historically holds the largest corpus of mutual fund assets in India, larger than bank-owned mutual funds, private sector mutual funds, or insurance companies.