Which bank is not regulated by RBI?

Q.  Which of the following banks is not regulated by Reserve Bank of India?
- Published on 08 Feb 17

a. State Bank of Sikkim
b. State Bank of Travancore
c. IDBI
d. Axis

ANSWER: State Bank of Sikkim
 
State Bank of Sikkim is not regulated by Reserve Bank of India unlike other banks in India.

State Bank of Sikkim is a state-owned banking institution headquartered at Gangtok, Sikkim, India.

The Bank operates within the jurisdiction of the State of Sikkim and in addition to banking services, State Bank of Sikkim handles treasury functions of State Government of Sikkim.

State Bank of Sikkim

Founded: 1968
Headquarters: Gangtok Sikkim, India
Current Head: Mr. K.B. Chamling (Chairman)

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    Discussion

  • Tyrone DSouza   -Posted on 27 Aug 21
    Is Shamrao vithal co op bank under RBI regulations
    If so, please forward email address to whom I have to approach.
  • Satyavir Sharma   -Posted on 01 Dec 20
    RBI Or GOI are taking cognizance of fraudsters who are connived with Bank officials and involve in misappropriation of our hard earned money through fraudulent encashment RTGS Or NEFT transferred funds in fictitious accounts of criminals to the tune of 10 Lac.Shame to the systems of operating & monitoring by RBI Or GoI

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