Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.311)

311. 

Bank of Maharashtra will close __________ branches across India as part of cost-cutting measures.

[A]. 38
[B]. 51
[C]. 65
[D]. 72

Answer: Option B

Explanation:

Bank of Maharashtra (BoM) announced the closure of 51 branches across India as part of cost-cutting measures being implemented in the banking industry, on 3rd October 2018. All the branches of the public sector bank (PSB) were in urban centres and they have been identified for the action as they were declared non-viable and incurred huge losses.

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