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      Question

      What is the new threshold for defining ā€˜substantial

      interest’ under the amended Banking Laws Act, 2025?
      A ₹5 lakh Correct Answer Incorrect Answer
      B ₹50 lakh Correct Answer Incorrect Answer
      C ₹1 crore Correct Answer Incorrect Answer
      D ₹2 crore Correct Answer Incorrect Answer
      E ₹10 crore Correct Answer Incorrect Answer

      Solution

      The threshold for ā€˜substantial interest’ has been revised from ₹5 lakh to ₹2 crore under the Banking Laws (Amendment) Act, 2025—a significant update since it was last changed in 1968.

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