Question

Scheduled Commercial Banks (SCBs) are permitted to undertake credit card business either independently or in tie-up arrangement with other card-issuing banks/NBFCs with the approval of their Boards and are required to hold how much net worth in order to undertake the business?

A 50 crores
B 75 crores
C 100 crores
D 200 crores
E 250 crores
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