RBI approved Equitas SFB for Amalgamation of the Promoter into itself

Current Context: The Reserve Bank of India's (RBI) gave approval to Equitas Small Finance Bank (SFB) for the amalgamation of its promoter ‘Equitas Holdings’ into itself.

• As per RBI’s rules for SFB, a promoter of SFB can exit or cease to be a promoter after the mandatory initial lock-in period of five years.
• And in the situation of Equitas SFB, the lock-in period for Equitas Holdings will expire on 4th Sep 2021.
• And in this regard, the Equitas SFB had asked RBI for its approval of amalgamation of its promoter before the completion of the lock-in period.
• Static Part: 
• HQ of Equitas SFB: Chennai, TN
• Tagline of Equitas SFB: Its fun banking

Question: 

Q.1 In July 2021, RBI gave approval to which SFB for amalgamation of its promoter into itself?
a. Equitas Small Finance Bank
b. Capital Small Finance Bank
c. Utkarsh Small Finance Bank
d. Suryoday Small Finance Bank