Current Affairs · Banking Structure in India
Identify the incorrect option regarding the structural count of operational bank categories in India as per recent institutional reporting.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Public Sector Banks - 12
- 2Small Finance Banks (SFBs) - 11
- 3Regional Rural Banks (RRBs) - 43
- 4Local Area Banks (LABs) - 3✓
Correct answer
Local Area Banks (LABs) - 3
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