Current Affairs Exam  >  Current Affairs Questions  >  To which banks, Reserve Bank of India (RBI) h... Start Learning for Free
To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?
  • a)
    Small Finance Banks (SFBs)
  • b)
    Payment Banks
  • c)
    Commercial Banks
  • d)
    Agricultural or Co-operative Banks
  • e)
    None of these
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
To which banks, Reserve Bank of India (RBI) has released the final gui...
On December 5, 2019, India’s central Bank, the Reserve Bank of India(RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses to Small Finance Banks (SFBs). Under the decree, the minimum paid-up voting equity capital has been doubled to Rs 200 crore from Rs 100 crore. The minimum required capital condition of Rs 200 crore will not be applicable to the entities operating from primary (urban) cooperative banks (UCBs), non-banking financial company, micro financial institution (MFIs), local regional bank/payment bank. However, UCBs transiting into SFBs will require of net worth of Rs 100 crore, which will have to be increased to Rs 200 crore within five years.
View all questions of this test
Explore Courses for Current Affairs exam

Top Courses for Current Affairs

To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer?
Question Description
To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer? for Current Affairs 2025 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer?.
Solutions for To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Current Affairs. Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.
Here you can find the meaning of To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice To which banks, Reserve Bank of India (RBI) has released the final guidelines on the facility to apply ‘on- tap’ for licenses ?a)Small Finance Banks (SFBs)b)Payment Banksc)Commercial Banksd)Agricultural or Co-operative Bankse)None of theseCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Current Affairs tests.
Explore Courses for Current Affairs exam

Top Courses for Current Affairs

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev