Question

    Which of the following is correct as per the recent

    guidelines by RBI for the conversion of small finance banks into universal banks?
    A Must have 5 years of profitability Correct Answer Incorrect Answer
    B Must have a net worth of 1000 Crore Correct Answer Incorrect Answer
    C Must have 20% market share Correct Answer Incorrect Answer
    D Must have the same promoter for 10 years Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

      The recent RBI guidelines do not include these specific criteria. Each application for conversion is assessed on individual merit.

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