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ExamsIBPS POGeneral Awareness

RBI quashed the merger of Lakshmi Vilas Bank with which of the following banks?

  1. LIC home finance Bank
  2. PNB housing finance Bank
  3. Ujjivan Bank
  4. Indiabulls housing finance Bank

Correct answer: Ujjivan Bank

Solution

The question refers to the proposed merger involving Lakshmi Vilas Bank that was not approved by RBI. Among the given options, the intended answer is Ujjivan Bank.

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