- 1. IT is a networking of a bank’s branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts.
- 2. It is an effort to increase RBI’s control over commercial banks through computerization
- 3. It is a detailed procedure by which a bank with huge non-performing asserts is taken over by another banks
Select the correct answer using the codes given below.
a) 1 only
b) 2 and 3 only
c) 1 and 3 only
d) 1, 2 and 3
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