RBI Assistant 2017 · Question 88 of 200
Banking Awareness
The Local Area Banks (LABs) are small private banks, conceived as low cost structures which would provide efficient and competitive financial intermediation services in a limited area of operation, i.e., primarily in rural and semi-urban areas, comprising three contiguous districts.
Source: RBI Assistant 2017 Mains Previous Year Paper (ixamBee solved PDF) · memory-based
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