Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 209)

2023-12-20 Finance

209.

Which financial institution's market capitalization recently soared to Rs 6 trillion with a 17% surge in just one month?

HDFC Bank

SBI

ICICI Bank

Axis Bank

Answer: Option

Explanation:

Shares of the State Bank of India (SBI) reached a record high, with a 17% surge in the past month, propelling its market capitalization to Rs 6 trillion. This remarkable performance is attributed to robust financials, digital innovation, and investor confidence in SBI.