In which Indian state did the RBI fine four cooperative banks, including Progressive Mercantile and Kutch Mercantile?

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In which Indian state did the RBI fine four cooperative banks, including Progressive Mercantile and Kutch Mercantile?

A. Gujarat

B. Maharashtra

C. Rajasthan

D. Madhya Pradesh

The Reserve Bank of India imposed fines on four cooperative banks in Gujarat, namely Progressive Mercantile, Kutch Mercantile, Shree Morbi Nagarik, and Bhabhar Vibhag, for regulatory non-compliance.

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Accepted Answer

A. Gujarat

In which Indian state did the RBI fine four cooperative banks, including Progressive Mercantile and Kutch Mercantile?

Correct Answer :

Show all Current Affairs December 2023 MCQ

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