Question

    Which bank is NOT included in the list of banks identified by RBI for phase-wise participation in the retail pilot project for selecting individuals/account holders for trials?

    A State Bank of India Correct Answer Incorrect Answer
    B ICICI Bank Correct Answer Incorrect Answer
    C Yes Bank Correct Answer Incorrect Answer
    D IDFC First Bank Correct Answer Incorrect Answer
    E Axis Bank Correct Answer Incorrect Answer

    Solution

    RBI has identified eight banks for phase-wise participation in the retail pilot project. These include the State Bank of India, the ICICI Bank, the Yes Bank and the IDFC First Bank, the Bank of Baroda, the Union Bank of India, the HDFC Bank and the Kotak Mahindra Bank. The participating banks have selected individuals/account holders for the trials.

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