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    Question

    RBI has accepted certain recommendation of Internal

    working group in November, identify the correct statement I. 26% Cap should be fixed on promoters stake II. NBFC with an asset size 40000 Cr can aspire for Commercial Bank License III. Capital required for license of small finance bank will be 500 Cr
    A Only I Correct Answer Incorrect Answer
    B II & III Correct Answer Incorrect Answer
    C Only III Correct Answer Incorrect Answer
    D I & III Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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