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In Business / College | 2025-07-08

Federal Bank is a
A. Private sector Bank
B. Foreign Bank
C. Public sector Bank
D. None of these

Asked by 1toxicgaming143

Answer (1)

Federal Bank is classified as a Private Sector Bank in India, meaning it is owned primarily by private individuals and corporations. This designation impacts its operations and the range of services it offers. Understanding the classification of banks is crucial in comprehending the overall banking landscape. ;

Answered by GinnyAnswer | 2025-07-08