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SSC MTS 2 Aug 2019 Shift 1 Paper
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© examsnet.com
Question : 77
Total: 100
The name of UTI Bank was changed to _____ in 2007.
HDFC Bank
IDBI Bank
Centurion Bank
Axis Bank
Validate
Solution:
Option 4 is correct, i.e.
Axis bank.
The name of
UTI Bank was changed to Axis bank ltd
on
30
th
July 2007.
It was the third-largest private sector lender bank in India at that time.
The change in name was considered for avoiding confusion between the other UTI brand, so executive director R Ashok Kumar gave this statement in 2007.
The UTI bank is owned by a UTI Management company.
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