WHICH BANK WAS THE FIRST TO GET SMALL FINANCE BANK LICENSE FROM RB...

24. Which bank was the first to get Small finance bank license from RBI among the ten

applicants?

A. Bandhan Bank

B .Au financiers

C. Disha Micro finance

D. Capital local area bank

Answer : D. Capital Local area bank

Explanation: Jalandhar based Capital Local Area Bank Limited has been given the first small

financial bank license by the Reserve Bank of India, among the 10 applicants. The Operation of the

Bank will kick start from April 13, 2016.