Question
The RBI recently cancelled the license of a Mumbai-based bank due to inadequate capital and earning prospects. Which bank is this?
Solution
The RBI has cancelled the licence of Mumbai-based The Kapol Co-operative Bank Limited as the lender does not have adequate capital and earning prospects.
More Monthly Quiz General Awareness Questions
- Where was the 20th ASEAN-India Economic Ministers' Meeting held?
- In Jhiroli of Bageshwar and Chandak of Pithoragarh, which of the following minerals is found?
- Who has taken on the additional responsibility as the Director General of the Border Security Force (BSF)?
- In which year was the All India Women's Conference (AIWC) founded?
- Which country has secured the top spot in Chainalysis' 2023 Global Crypto Adoption Index, making a significant comeback?
- Consider the statements about Lunar Gateway Station: 1. It is a component of ISRO Chandrayaan-3 program. 2. It will be the first space station ever to exis...
- Which Union Minister launched the NATS 2.0 Portal in New Delhi?
- How many gold medals did India win in the Asian Games 2023?
- Who has been appointed as the chief of the country's external intelligence agency RAW in June 2023?
- ASEAN India Grassroots Innovation Forum (AIGIF) was launched in which country?
