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    Question

    Which banks are allowed to become Universal

    Banks?┬а┬а
    A Payments Banks Correct Answer Incorrect Answer
    B Regional Rural Banks Correct Answer Incorrect Answer
    C Small Finance Banks Correct Answer Incorrect Answer
    D Foreign Banks Correct Answer Incorrect Answer
    E Cooperative Banks Correct Answer Incorrect Answer

    Solution

    Small Finance Banks are permitted to transition into Universal Banks after meeting regulatory criteria, broadening their scope of operations.

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