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    Question

    What is the new threshold for defining ‘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 ‘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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