Small Finance Banks in India

1.

What is the minimum paid-up capital requirements for Small Finance Banks?

Rs 100 crore

Rs 200 crore

Rs 50 crore

Rs 10 crore

2.

Which of the following operations are undertaken by Small Finance Banks?

Accepting Deposits

Disbursing small loans

Sell Insurance Products

All of the above

3.

How much credit small finance banks has to give to priority sectors?

50%

75%

40%

80%

4.

Who is eligiblen to be a promoter of Small Finance Banks?

Individuals

Trusts

Corporates

All of the above

5.

What can be the minimum initial contribution to the paid-up equity capital of small finance banks?

25%

40%

75%

50%