Which of the following statements is/ are correct about small finance bank? 1. Small finance banks can provide Loans and advances of up to Rs 25 lakhs, primarily to micro enterprises. 2. As per the RBI rules, small finance bank have to manage a quarter of their branches in un-banked rural areas
A) Only 1
B) Only 2
C) Both
D) None
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
Q20: Which of the following statement is wrong
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
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