Which of the following is NOT a nationalised bank?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. Karur Vysya Bank.
Karur Vysya Bank is NOT a nationalised bank. It is a private sector bank, headquartered in Karur, Tamil Nadu. The other three banks listed—Punjab National Bank, Punjab and Sind Bank, and the former United Bank of India—are all public sector, or nationalised, banks. United Bank of India was merged with Punjab National Bank in 2020.