Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 741)

2021-11-29 Banking

741.

The Reserve Bank of India has increased the cap on promoters' stake in the private bank to which percent of the paid-up voting equity share capital of the bank?

15%

18%

21%

26%

Answer: Option

Explanation:

The cap on promoters' stake in the long run of 15 years has been raised from 15 percent (earlier) to 26 percent of the paid-up voting equity share capital of the bank.