New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the FDI limit for payment banks?

    A 66% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 74% Correct Answer Incorrect Answer
    D 52% Correct Answer Incorrect Answer
    E 71% Correct Answer Incorrect Answer

    Solution

    As per the current FDI policy, the aggregate foreign investment in a private sector bank from all sources will be allowed upto a maximum of 74 per cent of the paid-up capital of the bank (automatic upto 49 per cent and approval route beyond 49 per cent to 74 per cent).

    Practice Next

    Relevant for Exams: