Which of the following conditions regarding the shareholding pattern applies to Small Finance Banks transitioning into Universal Banks?

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.