Shweta Jain
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Posted 5 year ago
RBI permitted CBS-enabled Cooperative Banks to issue ATM cards in tie-up with:
A.)       State Bank of India
 B.) a sponsor bank
  C.) NABARD
   D.) Any Nationalised Bank
3 Answer(s)
Mitesh Sharma
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Vaibhavi Salunkhe
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Rahila Ahmed
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Posted 5 year ago Rahila Ahmed

Option is (B) RBI permitted CBS-enabled Cooperative Banks to issue ATM cards in tie-up with a sponsor bank. The decision is in addition to the earlier decision of the RBI to allow State Cooperative Banks (StCBs) to install offsite/ mobile ATMs as per their need and potential in their area of operation