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Which bank among the following has been empanelled as an ‘Agency Bank’ by Reserve Bank of India to undertake general banking businesses of Central and State government on behalf of the RBI? 
  • a)
    Karur Vysya Bank 
  • b)
    Bandhan Bank 
  • c)
    IDBI Bank 
  • d)
    South Indian Bank
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which bank among the following has been empanelled as an ‘Agency...
The Kerala based private sector lender South Indian Bank has been empanelled as an ‘Agency Bank’ by Reserve Bank of India to undertake general banking businesses of Central and State government on behalf of the RBI.
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Which bank among the following has been empanelled as an ‘Agency Bank’ by Reserve Bank of India to undertake general banking businesses of Central and State government on behalf of the RBI?a)Karur Vysya Bankb)Bandhan Bankc)IDBI Bankd)South Indian BankCorrect answer is option 'D'. Can you explain this answer?
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