Banking General Awareness Banking System Question Bank New Banking System

  • question_answer
    Some of conditions for setting up Small Bank is/are

    A)  Minimum paid up equity capital requirement of Rs. 100 crore

    B)  Every small finance bank must have the words "small finance bank" in its name

    C)  They cannot setup subsidiaries to undertake non-banking financial service activities

    D) a and c

    E)  All of the above

    Correct Answer: E


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