Current Affairs · Banking and Finance
In October 2025, Kolkata-based VFS Capital Limited decided to withdraw its application under the Reserve Bank of India's (RBI) 'on tap' licensing guidelines. What category of banking license had the firm originally applied for?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Small Finance Bank✓
- 2Payment Bank
- 3Universal Bank
- 4Regional Rural Bank
Correct answer
Small Finance Bank
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