The correct answer is (d), State Bank of India.
The Scotch Challenger Prize is an annual award given to the best performing bank in India. It is awarded by the Scotch Whisky Association, in association with the Financial Express. The award is based on a number of criteria, including profitability, asset quality, and customer service.
In 2008, the Scotch Challenger Prize was awarded to State Bank of India. State Bank of India is the largest bank in India, with over 200 million customers. It is also one of the largest banks in the world, with assets of over $300 billion.
State Bank of India was founded in 1806, making it the oldest bank in India. It is a government-owned bank, and it is the largest commercial bank in India. State Bank of India has a network of over 24,000 branches and over 50,000 ATMs in India. It also has branches in over 30 countries around the world.
State Bank of India is a full-service bank, offering a wide range of products and services, including retail banking, corporate banking, investment banking, and treasury services. It is a leading player in the Indian banking sector, and it is one of the most respected banks in the world.
The other options are incorrect because they are not the largest banks in India. ICICI Bank is the second largest bank in India, Punjab National Bank is the third largest bank in India, and HDFC Bank is the fourth largest bank in India.