Identify the true statement about Small Finance Bank(SFB).

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
• Which of the following statement is wrong about 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".
• 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?