๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      Which of the following is correct as per the recent

      guidelines by RBI for the conversion of small finance banks into universal banks?
      A Must have 5 years of profitability Correct Answer Incorrect Answer
      B Must have a net worth of 1000 Crore Correct Answer Incorrect Answer
      C Must have 20% market share Correct Answer Incorrect Answer
      D Must have the same promoter for 10 years Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      ย  The recent RBI guidelines do not include these specific criteria. Each application for conversion is assessed on individual merit.

      Practice Next
      ask-question