Question

According to the revised RBI instructions, when must a Tier 1 Urban Co-operative Bank seek RBI’s prior approval to grant unsecured advances?

A When their CRAR is less than 9%
B When unsecured advances exceed 10% of total assets
C When their gross NPAs exceed 7%
D When the advance is for priority sector loans
E When unsecured advances exceed ₹50 lakh
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