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As at November 2026, which of these banks is a private sector bank?

Question and options

As at November 2026, which of these banks is a private sector bank?

  1. Canara Bank

  2. Punjab National Bank

  3. IndusInd Bank

  4. Indian Overseas Bank

Answer and explanation

Correct answer: C - IndusInd Bank

IndusInd Bank is a private sector bank: its majority shareholding is not with the Government. Canara Bank, Indian Overseas Bank and Punjab National Bank are among the twelve public sector banks, in which the Government of India holds the majority of shares.

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