Question
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.Solution
According to the RBI guidelines, there shall be no change to the promoter shareholding dilution plan already approved by the RBI when an SFB transitions into a Universal Bank.
Which of these statements is definitely true according to the passage?
Choose the word/group of words which is most opposite in meaning to the word/group of words printed in bold as used in the passage.
concerted
The Army too opposed the embankment, saying it will pose hurdles for their forward movements during military operations.
What does the survey argue against?
I. Sudden stall of the stock prices
II. Setting of targets which are very difficult to achieve
...At what time did the temple pillars arrive in the U.S?
Choose the word which is most nearly the same in meaning to the word ‘onus’ as used in the passage.
What do Nationally Determined Contributions (NDCs) represent in the context of climate action, according to the passage?
In which two paragraphs has the use of money sent home from those working outside the village has been mentioned?
1) Paragraph 6 and Paragraph 2<...
Choose the word which is the most opposite in meaning to the word ‘insinuating’ as used in the passage .
Which of the following is most nearly SIMILAR of the word Prodded as used in the passage?
