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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

B II & III

C Only III

D I & III

E None of the above

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Central Bank of India SO

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