2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Name the small finance bank that has received the Reserve Bank approval to operate as scheduled bank making it the fifth scheduled bank that operates from Kerala?
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Jana Small Finance Bank
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AU Small Finance Bank
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ESAF Small Finance Bank
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Manapuram Small Finance Bank
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Explanation:
Detailed explanation-1: -ESAF started lending in 1995 as the first microfinance company in Kerala. It became ESAF Small Finance Bank after receiving the first banking license in Kerala since independence. On 17 March 2017, Pinarayi Vijayan, the Chief Minister of Kerala officially inaugurated ESAF Small Finance Bank at Thrissur, Kerala.
Detailed explanation-2: -Airtel Payments Bank has announced that it has been granted the status of a scheduled bank by the Reserve Bank of India (RBI).
Detailed explanation-3: -1 State Bank of India 1 Axis Bank Ltd. 2 Bank of Baroda (Including Vijaya Bank and Dena Bank) 2 Catholic Syrian Bank Ltd. 3 Bank of India 3 City Union Bank Ltd. 4 Bank of Maharashtra 4 Development Credit Bank Ltd.
There is 1 question to complete.