Q. Consider the following banks in India:- IndusInd Bank
- ING Vysya Bank
- City Union Bank
Which of the above is / are classified as Old Private Sector banks?
Answer:
Only 2 and 3
Notes: IndusInd Bank is classified as a New Private Sector bank, established after 1991. ING Vysya Bank (now merged with Kotak Mahindra Bank) and City Union Bank are both classified as Old Private Sector banks, which were incorporated prior to the nationalization era. Thus, only options 2 and 3 are correct.