BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs. 2 crore
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Rs. 3 crore
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Rs. 5 crore
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Rs. 7 crore
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Detailed explanation-1: -As per the draft guidelines issued by the Finance Ministry, such banks must also have a capital adequacy of 9 per cent in each of the previous three years and recorded operating profit of at least Rs 15 crore for a minimum of three out of the preceding five years.
Detailed explanation-2: -FY 2021-22 is a watershed year in the context of RRBs as Government of India, along with State governments and Sponsor Banks, has decided to infuse ‘10, 890 crore (GoI share (50%)-‘5, 445 crore) of capital in RRBs during FY 2021-22 and FY 2022-23.
Detailed explanation-3: -Govt issues draft guidelines for listing of RRBs; minimum net worth of Rs 300 cr required.
Detailed explanation-4: -With a total of 56 RRBs in India, candidates across the country look forward to get recruited in one of these and join the banking sector.