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      Question

      Which bank has submitted an application to the Monetary

      Authority of Singapore for a banking license?
      A Punjab National Bank (PNB) Correct Answer Incorrect Answer
      B State Bank of India (SBI) Correct Answer Incorrect Answer
      C HDFC Bank Correct Answer Incorrect Answer
      D ICICI Bank Correct Answer Incorrect Answer
      E Axis Bank Correct Answer Incorrect Answer

      Solution

      HDFC Bank Ltd, India’s biggest private sector lender, is seeking to open its first branch in Singapore, signaling its overseas ambitions after sewing up a landmark merger with mortgage financier Housing Development Finance Corp. last year

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