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    Question

    The Reserve Bank of India (RBI) sanctioned the

    amalgamation of which two cooperative banks?
    A Rajapur Sahakari Bank Ltd. and Malad Sahakari Bank Ltd. Correct Answer Incorrect Answer
    B Malad Sahakari Bank Ltd. and Mumbai Co-operative Bank Correct Answer Incorrect Answer
    C Rajapur Co-operative Bank and Pune District Co-operative Bank Correct Answer Incorrect Answer
    D Mumbai Co-operative Bank and Rajapur Co-operative Bank Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The amalgamation of Rajapur Sahakari Bank Ltd. and Malad Sahakari Bank Ltd. was approved by the RBI, effective from September 23, 2024.

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