BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Central Government
|
|
|
State Government
|
|
|
Central Government, State Government and the Sponsor Commercial Bank in the ratio of 50: 15: 35 respectively
|
|
|
NABARD, the concerned State Government and the Sponsor Commercial Bank in the ratio of 60: 20: 20 respectively
|
Detailed explanation-1: -Shareholding: The Act mandates that of the capital issued by a RRB, 50% shall be held by the central government, 15% by the concerned state government and 35% by the sponsor bank.
Detailed explanation-2: -The Regional Rural Bank Amendment Act, 2015 enabled these banks to access the capital market outside their current shareholders-the central government, sponsor banks and the respective state governments-which hold shares in each RRB in the ratio of 50:35:15.
Detailed explanation-3: -RRBs are jointly owned by Government of India(GOI), Sponsor Bank and the concerned State Government and with share proportion 50%, 35% & 15% respectively.
Detailed explanation-4: -Draft norms for RRB listing: Minimum net worth of Rs 300 cr.
Detailed explanation-5: -Shareholding pattern: The Act specifies that of the capital issued by an RRB, 50 percent shall be subscribed to by the central government, 15 percent by the concerned state government and 35 percent by the Sponsor Bank.