Which of the following statement is wrong about Small Finance Banks?
A) It can be Business Correspondent (BC) for another bank
B) Large public sector entities and industrial and business houses cannot open Small Finance Bank
C) SFBs are encouraged to lend to SHGs
D) SFBs will be covered by the Banking Ombudsman (BO) Scheme
Correct Answer:
Verified
Q15: The promoter's minimum initial contribution to the
Q16: The promoter's minimum initial contribution to the
Q17: For Small Finance Bank, _ of its
Q18: Small Finance Banks are registered under which
Q19: Small Finance Bank are licensed under which
Q21: Small Finance Banks and Payments Bank are
Q22: The decision to issue an in-principle approval
Q23: Identify the true statement about Small Finance
Q24: SFBs will be permitted to use IRF
Q25: Which of the following statements is/ are
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