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Multiple Choice Questions

RBI has raised the cap on promoter 39 s stake in private banks to how much percent from the current ...........

Static GK (SBI -PO) Banking Awareness

RBI has raised the cap on promoter's stake in private banks, to how much percent from the current 15 percent limit, of the paid-up voting equity share capital of the bank?

This questions was previously asked in

SBI PO Mains (30 Jan, 2023)

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Explanation:

- The Reserve Bank of India (RBI) recently changed the rules about how much ownership bank promoters can have in private banks.
- Previously, the limit for a promoter's stake was set at 15% of the bank's paid-up voting equity share capital.
- **Option 1: 20%** - This suggests an increase which is more than the current limit but not the new cap.
- **Option 2: 23%** - A slight increase compared to option 1, but still not the new cap.
- **Option 3: 26%** - Correct. RBI has raised the cap to this percentage.
- **Option 4: 29%** - Provides an even higher limit than the new rule allows.
- **Option 5: 25%** - Close to the new cap but not exact.

The correct answer is **Option 3: 26%** ✅

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