Small Finance Banks and Payments Bank are a type of?

Related MCQs

• 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
• 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?
• How much percentage of its funds can be held by payments banks in current and time deposit with Scheduled Commercial Bank?
• What is the minimum paid up capital requirement of small finance Banks?
• Which of the following operations are undertaken by small finance banks?
• How much credit small finance banks has to give to priority sectors?
• Who is eligible to be a promoter of small finance banks?
• What can be the minimum initial contribution to the paid –up equity capital of small finance banks?
• Small Finance Banks are registered under which Act?