CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank receives scheduled bank status from Reserve Bank of India recently?
A
Equitas Small Finance Bank
B
Ujjivan Small Finance Bank
C
Janalakshmi Small Finance Bank
D
Suryoday Small finance bank
Explanation: 

Detailed explanation-1: -RBI Gives Scheduled Bank Status To Airtel Payments Bank.

Detailed explanation-2: -The Reserve Bank of India (RBI) on Tuesday announced the inclusion of Airtel Payments Bank in the second schedule of the Reserve Bank of India Act, 1934.

Detailed explanation-3: -Airtel Payments Bank has been categorised as a scheduled bank by the Reserve Bank of India (RBI) in the second schedule of the Reserve Bank of India Act, 1934. With this, Airtel Payments Bank can now pitch for the government.

Detailed explanation-4: -The Reserve Bank of India (RBI) on Tuesday said Airtel Payments Bank Ltd. has been included in the Second Schedule to the Reserve Bank of India Act, 1934 which means it has been categorised as a Scheduled Bank.

There is 1 question to complete.