Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1040)
1040.
Which bank has become the India's 1st urban co-operative bank to convert into SFB under the voluntary transition scheme?
Dena Bank
SBI
Shivalik Mercantile Co-operative Bank
Yes Bank
Answer: Option
Explanation:
The UP based Shivalik Mercantile Co-operative Bank (SMCB) has become the first urban co-operative bank (UCB) in India to receive a license from RBI to operate as a Small Finance Bank.
Discussion:
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