Question

RBI has suggested a relaxation of rules regarding dividend distribution: 1. A commercial bank should have a minimum total capital adequacy of 11.5 % 2. For a small finance bank and payment banks it has been set at 15 %  3. For local area banks and regional rural banks it has been set at 12 % Which of the following statements is/are correct?

A 1 only
B 1 & 2
C 2 & 3
D 1 & 3
E All the above
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