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

    Question

    What is the new small-value loan limit per borrower for

    Urban Cooperative Banks (UCBs)?
    A Rs 1 crore Correct Answer Incorrect Answer
    B Rs 2 crore Correct Answer Incorrect Answer
    C Rs 3 crore Correct Answer Incorrect Answer
    D Rs 5 crore Correct Answer Incorrect Answer
    E Rs 50 lakh Correct Answer Incorrect Answer

    Solution

    RBI revised loan ceilings for Urban Cooperative Banks (UCBs). Small-value loans are now defined as Rs 25 lakh or 0.4% of UCBs’ Tier-I capital, up to Rs 3 crore per borrower.

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