Multiple Choice Questions on Choose the bank which has ceased to operate as a banking company as per RBI rsquo s notification ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

Choose the bank which has ceased to operate as a banking company as per RBI rsquo s notification ........

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    Choose the bank which has ceased to operate as a banking company as per RBI’s notification ?

    Airtel Payments Bank

    Incorrect Answer

    Aditya Birla Idea Payments Bank

    Correct Answer

    Jio Payments Bank

    Incorrect Answer

    India Post Payments Bank

    Incorrect Answer
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    Explanation:
    • The Reserve Bank of India has issued a notification to all banks on September 03, 2020 stating that “Aditya Birla Idea Payments Bank Limited” has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949 with effect from July 28, 2020.

    By: Rohit Middha
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