Identify the true statement about Small Finance Bank(SFB) .
A) SFBs are not required to maintain CRR
B) SFBs cannot carry out lending activity
C) SFBs will be covered by the Banking Ombudsman (BO) Scheme.
D) SFBs can carry out all para-banking activity.
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
Q24: SFBs will be permitted to use IRF
Q25: Which of the following statements is/ are
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