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?
Canara Bank
Punjab National Bank
IndusInd Bank
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.