BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which was the first RRB in India to adopt CBS platform?
A
Prathama Bank
B
Telangana Grameen Vikas Bank
C
Rushikulya Gramya Bank
D
Gaur Gramin Bank
Explanation: 

Detailed explanation-1: -Q. Which was the first RRB in India to adopt CBS platform? Notes: The Rushikulya Gramya Bank (RGB), which operates in south Orissa, was the first RRB to have placed all its branches on the Core Banking Solutions (CBS) platform.

Detailed explanation-2: -In 2009 Bank sponsored Rewa Siddhi Gramin Bank becomes the first RRB in the country to achieve 100 % CBS connectivity.

Detailed explanation-3: -Regional Rural Banks (RRBs) were set up under the terms of the 26 September 1975 ordinance and the RRB Act of 1976. First Regional Rural Bank was established on 2 October 1975. The Prathama Bank of Moradabad, Uttar Pradesh was the first RRB. Currently, there are 43 RRBs in India.

Detailed explanation-4: -The correct answer is Prathama Bank.

There is 1 question to complete.