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The minimum paid up capital for Small Finance Banks is ___________.
Rs. 100 Cr
Rs. 10 Cr
Rs. 1 Cr
Rs. 200 Cr
Rs. 150 Cr
- Let's look at the options for the minimum paid up capital for Small Finance Banks (SFBs) in India:
- Option 1: Rs. 100 Cr – This used to be the initial requirement when SFBs were introduced in 2014.
- Option 2: Rs. 10 Cr – This is too low, not applicable for SFBs.
- Option 3: Rs. 1 Cr – This is also not correct and far below RBI's requirement.
- Option 4: Rs. 200 Cr – This is the current minimum paid-up voting equity capital required as per latest RBI guidelines for SFBs.
- Option 5: Rs. 150 Cr – Not applicable or relevant for SFBs.
By: Parvesh Mehta ProfileResourcesReport error
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