IDBI Bank only Private Sector Bank to get High rating for code compliance

Posted on:15 Jun 2017 14:34:16
IDBI Bank only Private Sector Bank to get High rating for code compliance
15 June 2017 Current Affairs:

  • According to the Code Compliance Rating of banks done by the Banking Codes and Standards Board of India (BCSBI) 2017, only one (IDBI Bank) out of 26 public sector banks and eight out of 17 private sector banks got ‘high’ rating.

  • The eight private sector banks that got ‘high’ rating are Axis Bank, DCB Bank, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank and YES Bank.

  • The three foreign banks are Citibank, HSBC and Standard Chartered Bank.


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