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

    Question

    What is the Loan-to-Value (LTV) ratio for loans against

    equity shares and equity mutual funds (in dematerialized form) for Scheduled Commercial Banks (SCBs)?
    A 50% Correct Answer Incorrect Answer
    B 60% Correct Answer Incorrect Answer
    C 75% Correct Answer Incorrect Answer
    D 80% Correct Answer Incorrect Answer
    E 90% Correct Answer Incorrect Answer

    Solution

    Scheduled commercial banks can lend against the security of equity shares and equity mutual funds (in dematerialized form) to the extent of Rs.20 lakh with max LTV of 75%.    The regulations related to lending by banks, against various securities are:  

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