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      Question

      Ujjivan Small Finance Bank (SFB) has applied to the RBI for

      a universal banking licence. Which was the first SFB to apply under the voluntary transition route?
      A Equitas SFB Correct Answer Incorrect Answer
      B AU SFB Correct Answer Incorrect Answer
      C Jana SFB Correct Answer Incorrect Answer
      D Suryoday SFB Correct Answer Incorrect Answer
      E Fincare SFB Correct Answer Incorrect Answer

      Solution

      Ujjivan Small Finance Bank (SFB) has applied for a universal banking licence, making it the second SFB to do so under the voluntary transition route. The first SFB to apply was AU Small Finance Bank.

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