Badhti ka naam zindagi' is the tagline of which of the following banks?

This question was previously asked in
SSC CHSL Previous Paper 23 (Held On: 10 Jul 2019 Shift 2)
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  1. Indian
  2. Corporation
  3. Syndicate
  4. Axis

Answer (Detailed Solution Below)

Option 4 : Axis
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Detailed Solution

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The correct answer is option 2, i.e. Axis Bank.
  • Axis Bank was incorporated in the year 1993 with the name UTI Bank Ltd.
  • The bank was promoted in 1993 jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India) Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd.
  • The Bank changed its name from UTI Bank Ltd to Axis Bank Ltd with effect from July 30, 2007.
  • The Bank has five wholly-owned subsidiaries namely Axis Securities and Sales Ltd, Axis Private Equity Ltd, Axis Trustee Services Ltd, Axis Asset Management Company Ltd and Axis Mutual Fund Trustee Ltd.
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