Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 315)
315.
Which bank's license recently was cancelled by the Reserve Bank of India (RBI) due to concerns regarding its inadequate capital?
Punjab & Maharashtra Cooperative Bank
Kapol Co-operative Bank
Kangra Cooperative Bank Ltd.
Saraswat Cooperative Bank Ltd.
Answer: Option
Explanation:
The Reserve Bank of India (RBI) cancelled the license of The Kapol Co-operative Bank Limited on September 25, 2023, due to concerns regarding its inadequate capital and earning prospects.
Discussion:
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