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      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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