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      Question

      To make long term finance available for infrastructure

      and greenfield projects, RBI has started a discussion paper for setting up Wholesale banks for this specific purpose. What is the proposed minimum capital requirement for such banks?Β 
      A Rs.100 Cr Correct Answer Incorrect Answer
      B Rs.500 Cr Correct Answer Incorrect Answer
      C Rs.1000 Cr Correct Answer Incorrect Answer
      D Rs.2000 Cr Correct Answer Incorrect Answer
      E No such minimum capital is proposed Correct Answer Incorrect Answer

      Solution

      RBI has started a discussion paper for setting up wholesale banks in India with a minimum capital requirement of Rs.1000 Cr.

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