Question
Minimum amount required to start a Small Finance Banks?
Solution
The firms must have a capital of 100 crores to set up small finance banks.
More Economy and Banking and Finance Static Concepts Questions
- Which committee was established to form Nabard?
- The Cheque Truncation System (CTS) in India is first introduced in the year?
- Which of the following is not considered as direct instruments of RBI?
- RBI asked banks to stop offering teaser loans. What are teaser loans?
- m-Pesa was launched by ICICI Bank and ____________.
- Which of the following Acts helps a bank in its day to day activities?
- Which of the following Bank is not the Sponsor Bank of RRB’s?
- The Shareholding of state government in respect of RRB’s is
- Any rupee note, which has a political slogan is not a legal tender as per.
- Where are the headquarters of Bharatiya Mahila Bank?
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