Question : In 2014, Bandhan Financial Services, a microlender with Headquarters at_________ was granted in-principal approval by RBI to start a universal bank.
Option 1: Kolkata
Option 2: Mumbai
Option 3: Pune
Option 4: Lucknow
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Correct Answer: Kolkata
Solution : The correct option is Kolkata .
In 2014, Bandhan Financial Services, headquartered in Kolkata, West Bengal, received in-principle approval from the Reserve Bank of India (RBI) to establish a universal bank.
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