Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.61)

61. 

Recently RBI has cancelled the licence of which of the following bank?

[A]. Karad Janata Sahakari Bank
[B]. Shivam Sahakari Bank
[C]. Lakshmi Vilas Bank
[D]. YES Bank

Answer: Option B

Explanation:

Licence of Maharashtra-based Shivam Sahakari Bank has been cancelled by RBI as it does not have adequate capital and earning prospects.

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