The basic aim of Lead Bank Scheme is that

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CollectorBabu · Accepted Answer

Correct Answer: individual banks should adopt particular districts for intensive development. Reserve Bank of India introduced Lead Bank Scheme where a bank will act as consortium leader to coordinate efforts of banks in districts in terms of branch expansion and credit planning, which correctly describes option C.. Option A. is incorrect as lead bank will not insist big banks to open its branches each district. Option B. is also not correct as Lead Bank will not lead to any competition which exits among nationalised banks. Option D. is not relevant as the scheme will not involve in mobilization of deposits, so correct answer is option C..

The basic aim of Lead Bank Scheme is that

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