New Enroll in RBI Grade B New Batch - Starts on May 21

    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? 
    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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