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ExamsIBPS POGeneral Awareness

What is the minimum capital requirement for small finance banks in India?

  1. ₹50 crore
  2. ₹100 crore
  3. ₹200 crore
  4. ₹300 crore

Correct answer: ₹100 crore

Solution

The minimum capital requirement for setting up a small finance bank in India is ₹100 crore. This is the prescribed RBI norm for this category.

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