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    Question

    The RBI recently cancelled the license of a Mumbai-based bank due to inadequate capital and earning prospects. Which bank is this?

    A Unity Small Finance Bank Ltd Correct Answer Incorrect Answer
    B Citizen Credit Co Operative Bank Ltd Correct Answer Incorrect Answer
    C The Shamrao Vithal Co Operative Bank Ltd Correct Answer Incorrect Answer
    D The Kapol Co-operative Bank Ltd Correct Answer Incorrect Answer
    E The Bharat Co-Operative Bank Ltd Correct Answer Incorrect Answer

    Solution

    The RBI has cancelled the licence of Mumbai-based The Kapol Co-operative Bank Limited as the lender does not have adequate capital and earning prospects.

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