Current Affairs - Banking - Discussion

According to the TRA Brand Trust Report 2018, the State Bank of India was the most-trusted bank (both public and private sector) in the country and ICICI Bank topped the chart among the private ones. This year, State Bank of India tops the chart of BFSI (Banking and Financial Services Institutions) super-category despite seeing a dip in its overall brand trust index ranking. The leader among the private banks is ICICI Bank, rising nine ranks in the overall ranking, it ranked 38th overall in 2018. Fraud-hit PSB Punjab National Bank ranks sixth among the public sector banks (PSB) and is 297th in the overall ranking, according to the survey.