BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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75%
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25%
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15%
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35%
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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: -In RRBs, 15% share be held by the State Government, 50% by the Central Government, and 35% by the Sponsor Bank. The RRB amendment act 2014, has allowed RRBs to raise their capital from sources other than Central and State Government, and Sponsor banks.
Detailed explanation-3: -RRBs are jointly owned by Government of India, State Governments and Sponsoring commercial banks with equity contribution in the ratio 50:15:35 respectively.
Detailed explanation-4: -The share capital of the RRBs are jointly held by the Got, the sponsoring Scheduled Commercial Ranks (SCBs) and the concerned State Governments in the ratio of 5050 per cent, 3535 per cent and 15 per cent.