Question

     What is the minimum capital required by any Regional Rural Bank to convert itself to SFB?

    A Rs 700 crore Correct Answer Incorrect Answer
    B Rs 200 crore Correct Answer Incorrect Answer
    C Rs 300 crore Correct Answer Incorrect Answer
    D Rs 500 crore Correct Answer Incorrect Answer
    E Rs 1000 crore Correct Answer Incorrect Answer

    Solution

    According to the State Bank research any RRBs may also be permitted to graduate into SFB in line with Cooperative banks or granted on-tap license to RRBs to become SFBs”. SFB are Small finance banks. 

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