Question
Which bank is NOT included in the list of banks
identified by RBI for phase-wise participation in the retail pilot project for selecting individuals/account holders for trials?Solution
RBI has identified eight banks for phase-wise participation in the retail pilot project. These include the State Bank of India, the ICICI Bank, the Yes Bank and the IDFC First Bank, the Bank of Baroda, the Union Bank of India, the HDFC Bank and the Kotak Mahindra Bank. The participating banks have selected individuals/account holders for the trials.
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