Question

Recently, the Reserve Bank of India (RBI) lifted its three-year ban on opening new branches of the following bank?

A Tamilnad Mercantile Bank Correct Answer Incorrect Answer
B Lunawada Peoples Co-operative Bank Ltd. Correct Answer Incorrect Answer
C Rajarambapu Sahakari Bank Ltd. Correct Answer Incorrect Answer
D Vindhyanchal Mercantile Bank Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

The Reserve Bank of India (RBI) has lifted its three-year ban on opening new branches by the Thoothukudi-based bank with effect from October 21.

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