Question
What is the minimum net worth requirement for an SFB to
transition into a Universal Bank as per the RBI guidelines? Read the following passage and answer the following question (Q15 to Q17). The Reserve Bank of India (RBI) has introduced a structured path for Small Finance Banks (SFBs) to voluntarily transition into Universal Banks, providing these institutions with an opportunity to expand their operations and service offerings. This transition is part of a broader strategy to increase financial inclusion while strengthening the banking infrastructure in India. To be eligible for this transition, SFBs must meet several stringent criteria, including maintaining a satisfactory performance track record for at least five years and fulfilling various financial and regulatory conditions. Key requirements include maintaining a minimum net worth and keeping Gross Non-Performing Assets (GNPA) and Net Non-Performing Assets (NNPA) below specified thresholds. The transition to Universal Bank status brings several advantages, such as the ability to offer a wider range of financial products, including corporate banking services, and increased geographical reach. Overall, the voluntary transition framework is designed to ensure that only well-managed and financially robust SFBs can scale up to become Universal Banks, providing more comprehensive banking services across India.Solution
The minimum net worth required for an SFB to transition into a Universal Bank is ₹1,000 crore as at the end of the previous quarter, as per the RBI guidelines.
Which conjunction can be used for this sentence?
You can stay out with friends as much as you want ___________ your mother agrees to it.
In light of the recent economic downturn, it is essential for the institution to _____ its strategies and _____ its operations to remain competitive.
That said, courts must avoid ____________ such power to look over the shoulder of business as a counsel of perfection.        Â
...Net neutrality__________rules of the road for a free and open Internet.
Fill in the blank/s with suitable Word/s:
Please _________ this document and _______ your thoughts and feedback with the team.
1) appears
2) makes
3) deals
4) does
5) none of these
Erenda was chosen as an excavation ………… in 2017 ………. Kolkata University’s Department of Archaeology as part of its postgraduate ……�...
- In the following sentence, choose the word opposite in meaning to the bold word to fill in the blank.
Although Neha's tone was sarcastic , her brot... - Choose the appropriate word or phrase from the options given to fill in the blanks.
Although she was new to the subject, she __________ the concept... In spite of the fact that he ___ exhausted from a long day at work, he ___ to stay up late to finish the project that was due the next day.
...
