πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!
  • google app store apple app store
    • βœ–

      Question

      The Government of India has sanctioned and notified the

      Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd with __________ Small Finance Bank Ltd.
      A Ujjivan Correct Answer Incorrect Answer
      B Unity Correct Answer Incorrect Answer
      C Equitas Correct Answer Incorrect Answer
      D Utkarsh Correct Answer Incorrect Answer
      E Suryoday Correct Answer Incorrect Answer

      Solution

      The Government of India has sanctioned and notified the Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd with Unity Small Finance Bank Ltd. It is to be noted that Section 45 of the Banking Regulation Act, 1949 empowers the Reserve Bank of India to prepare a scheme of reconstruction or amalgamation of banking companies (which include co-operative banks).

      Practice Next
      More Beepedia Questions
      ask-question