The promoter’s minimum initial contribution to the paid-up equity capital of such small finance bank shall at least be 40 per cent and gradually brought down to ____ per cent within 12 years.

Related MCQs

• The promoter’s minimum initial contribution to the paid-up equity capital of small finance bank shall at least be ____ per cent.
• 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
• What can be the minimum initial contribution to the paid –up equity capital of small finance banks?
• For first five years how much paid-up equity capital needs to be maintained by promoters in payments bank?
• To be a promoter in Small Finance Bank, resident individuals/professionals should have ____ years of experience in banking and finance
• After how many years of successful operation Payment bank can be converted into small finance bank?
• What is the minimum paid up capital requirement of small finance Banks?
• Who introduced the concept of Micro Finance in Bangladesh in the form of the "Grameen Bank"? He is the Nobel laureate known by many as the "father of micro finance systems".
• Who launched an 'India Micro-finance Platform', a portal on micro-finance activities across the country, with the assistance of World bank funds on 28th June 2013 ?
• Who introduced the concept of Micro Finance in Bangladesh in the form of the "Grameen Bank"? He is the Nobel laureate known by many as the "father of micro finance systems".